Loading forecast data...
Ready to see your forecast?
Look up a home and see where its value may be headed over the next five years.
Loading forecast data...
Look up a home and see where its value may be headed over the next five years.
Franklin, VA · ZIP 24101 · Census Tract 51067020301 · 2027–2030 outlook
Current modeled value
$275K
Downside (P10)
$228K
-17% by 2030
Base Case (P50)
$292K
+6% by 2030
Upside (P90)
$404K
+47% by 2030
Base case: +6% by 2030, with a forecast range from -17% to +47%. The model forecasts this with 67% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $174K | $186K | $219K | $231K | $270K | $275K | $271K | $285K | $292K |
| YoY Change | +7.1% | +17.5% | +5.7% | +16.7% | +2.0% | -1.5% | +5.1% | +2.5% | |
| Downside (P10) | $239K | $237K | $228K | ||||||
| Upside (P90) | $340K | $382K | $404K |
The forecast range is moderate for this market over this horizon. Near-term outcomes are fairly tight, but the confidence interval widens meaningfully by 2030.
1-Year Spread
$239K to $340K
37.0% of median
5-Year Spread
$228K to $404K
60.5% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Boone | $273K | $292K | +7.1% | |
| Blackwater (Tract 020502) | $260K | $289K | +11.1% | |
| Rocky Mount | $227K | $252K | +10.9% | |
| Boone | $219K | $237K | +8.3% | |
| Snow Creek | $261K | $277K | +6.0% | |
| Blackwater (Tract 020501) | $278K | $290K | +4.3% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Boone | $273K | $292K | +7.1% | |
| Union Hall (Tract 020200) | $216K | $247K | +14.1% | |
| Blackwater | $260K | $289K | +11.1% | |
| Rocky Mount | $227K | $252K | +10.9% | |
| Union Hall (Tract 020102) | $570K | $629K | +10.4% | |
| Blue Ridge | $185K | $205K | +10.4% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Boone | $273K | $292K | $177K | |
| Blue Ridge (Tract 020701) | $164K | $163K | $101K | |
| Boone | $219K | $237K | $92K | |
| Union Hall area | $112K | $122K | $91K | |
| Rocky Mount | $167K | $180K | $85K | |
| Blue Ridge (Tract 020600) | $185K | $205K | $83K |
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.
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
Deep dive into property-level home price forecasts for parcels in this area.