What is the home price forecast for Parcel 51049930102 in 3 area?

Homecastr forecasts median home values at $218,393 currently, with a 5-year expected change of 10.8%.

What is the home price forecast for Parcel 51049930102 in 3 area?

Homecastr forecasts median home values at $218,393 currently, with a 5-year expected change of 10.8%.

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Parcel 51049930102 (3 area) Home Price Forecast | Homecastr

Parcel 51049930102, 3 area Home Price Forecast

Cumberland, VA · ZIP 23040 · Census Tract 51049930102 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$218K

Downside (P10)

$188K

-14% by 2030

Base Case (P50)

$242K

+11% by 2030

Upside (P90)

$306K

+40% by 2030

Base case: +11% by 2030, with a forecast range from -14% to +40%. The model forecasts this with 73% 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	$160K	$160K	$164K	$190K	$211K	$218K	$224K	$232K	$242K
Growth $ vs 2026	-$58,193	-$58,493	-$54,293	-$28,693	-$7,793		+$6,033	+$13,640	+$23,636
Growth % vs 2026	-26.6%	-26.8%	-24.9%	-13.1%	-3.6%		+2.8%	+6.2%	+10.8%
Downside (P10)							$199K	$194K	$188K
Upside (P90)							$250K	$269K	$306K

Forecast Confidence

73%

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

$199K to $250K

22.9% of median

Long-horizon band

$188K to $306K

48.5% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +10.8% · Spread: 49%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·The base case is supported by strong local demand signals and a positive medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 51049930102, 3 area 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).