What is the home price forecast for Parcel 51003010603 in Rio?

Homecastr forecasts median home values at $301,100 currently, with a 5-year expected change of 3.3%.

What is the home price forecast for Parcel 51003010603 in Rio?

Homecastr forecasts median home values at $301,100 currently, with a 5-year expected change of 3.3%.

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Parcel 51003010603 (Rio) Home Price Forecast | Homecastr

Parcel 51003010603, Rio Home Price Forecast

Albemarle, VA · ZIP 22901 · Census Tract 51003010603 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$301K

Downside (P10)

$248K

-18% by 2030

Base Case (P50)

$311K

+3% by 2030

Upside (P90)

$421K

+40% by 2030

Base case: +3% by 2030, with a forecast range from -18% to +40%. The model forecasts this with 69% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2020	2021	2022	2023	2024	2026	2027	2028	2029
Median Value	$230K	$226K	$301K	$286K	$290K	$301K	$301K	$316K	$311K
Growth $ vs 2026	-$71,200	-$75,400	-$0	-$15,400	-$11,100		+$162	+$14,519	+$10,074
Growth % vs 2026	-23.6%	-25.0%	-0.0%	-5.1%	-3.7%		+0.1%	+4.8%	+3.3%
Downside (P10)							$274K	$258K	$248K
Upside (P90)							$361K	$381K	$421K

Forecast Confidence

69%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. Near-term ranges are tighter, but uncertainty widens meaningfully further out.

Near-term band

$274K to $361K

28.9% of median

Long-horizon band

$248K to $421K

55.8% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +3.3% · Spread: 56%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.
·The base case is supported by stable local demand and a moderate medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 51003010603, Rio on map

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Forecasts are probabilistic model outputs, not guarantees. The model uses historical data and economic indicators; it does not observe property-specific conditions. This is not financial, investment, or real estate advice. Learn more about our methodology.

Methodology & Data Sources

Model

Homecastr World Model (Schrödinger Bridge v12)

Forecast Horizon

2027 to 2030

Schema Version

forecast_queue

Citation

Hardesty Lewis, D. (2026). Homecastr Home Price Forecast. Retrieved from homecastr.com.

Data Sources

U.S. Census Bureau. American Community Survey (ACS), 5-Year Estimates, Table B25077 (Median Home Value), Census Tract level.
U.S. Census Bureau. TIGER/Line Shapefiles, Census Tract and ZCTA boundaries.
Federal Reserve Bank of St. Louis (FRED). 30-Year Fixed Rate Mortgage Average (MORTGAGE30US), Unemployment Rate (UNRATE), Consumer Price Index (CPIAUCSL).