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Look up a home and see where its value may be headed over the next five years.
Franklin, VA · ZIP 24101 · Census Tract 51067020302 · 2027–2030 outlook
Current modeled value
$422K
Downside (P10)
$337K
-20% by 2030
Base Case (P50)
$438K
+4% by 2030
Upside (P90)
$623K
+48% by 2030
Base case: +4% by 2030, with a forecast range from -20% to +48%. The model forecasts this with 64% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $293K | $309K | $346K | $382K | $402K | $422K | $427K | $434K | $438K | $414K |
| YoY Change | +5.5% | +12.1% | +10.2% | +5.3% | +4.8% | +1.2% | +1.7% | +1.0% | -5.4% | |
| Downside (P10) | $351K | $346K | $337K | $373K | ||||||
| Upside (P90) | $534K | $587K | $623K | $471K |
The forecast range is very tight for this market, indicating strong model confidence. Near-term outcomes are constrained and remain highly predictable through the full horizon.
1-Year Spread
$351K to $534K
43.0% of median
5-Year Spread
$373K to $471K
23.6% 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 |
|---|---|---|---|---|
| Gills Creek | $418K | $438K | +4.8% | |
| Union Hall | $570K | $629K | +10.4% | |
| Boone | $273K | $292K | +7.1% | |
| Snow Creek | $261K | $277K | +6.0% | |
| Gills Creek area | $429K | $453K | +5.6% | |
| Blackwater | $278K | $290K | +4.3% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Gills Creek | $418K | $438K | +4.8% | |
| 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 |
|---|---|---|---|---|
| Gills Creek | $418K | $438K | $286K | |
| 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.