What is the home price forecast for Parcel 51003010904 in University of Virginia?

Homecastr forecasts median home values at $608,550 currently, with a 5-year expected change of 4.5%.

What is the home price forecast for Parcel 51003010904 in University of Virginia?

Homecastr forecasts median home values at $608,550 currently, with a 5-year expected change of 4.5%.

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Parcel 51003010904 (University of Virginia) Home Price Forecast | Homecastr

Parcel 51003010904, University of Virginia Home Price Forecast

Albemarle, VA · ZIP 22903 · Census Tract 51003010904 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$609K

Downside (P10)

$543K

-11% by 2030

Base Case (P50)

$636K

+4% by 2030

Upside (P90)

$903K

+48% by 2030

Base case: +4% by 2030, with a forecast range from -11% to +48%. 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	$527K	$554K	$588K	$581K	$597K	$609K	$611K	$613K	$636K
Growth $ vs 2026	-$81,750	-$54,250	-$20,350	-$27,950	-$11,350		+$2,534	+$4,039	+$27,185
Growth % vs 2026	-13.4%	-8.9%	-3.3%	-4.6%	-1.9%		+0.4%	+0.7%	+4.5%
Downside (P10)							$539K	$545K	$543K
Upside (P90)							$735K	$763K	$903K

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

$539K to $735K

32.0% of median

Long-horizon band

$543K to $903K

56.7% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.5% · Spread: 57%

·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 51003010904, University of Virginia 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).