What is the home price forecast for Parcel 51073100101 in Petsworth · Gloucester · (Tract 1001.1)?

Homecastr forecasts median home values at $314,257 currently, with a 5-year expected change of 8.6%.

What is the home price forecast for Parcel 51073100101 in Petsworth · Gloucester · (Tract 1001.1)?

Homecastr forecasts median home values at $314,257 currently, with a 5-year expected change of 8.6%.

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Parcel 51073100101 (Petsworth) Home Price Forecast | Homecastr

Parcel 51073100101, Petsworth · Gloucester · (Tract 1001.1) Home Price Forecast

Gloucester, VA · ZIP 23061 · Census Tract 51073100101 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$314K

Downside (P10)

$267K

-15% by 2030

Base Case (P50)

$341K

+9% by 2030

Upside (P90)

$477K

+52% by 2030

Base case: +9% by 2030, with a forecast range from -15% to +52%. The model forecasts this with 66% 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	$225K	$238K	$272K	$278K	$305K	$314K	$322K	$338K	$341K
Growth $ vs 2026	-$89,257	-$76,057	-$41,957	-$36,557	-$9,557		+$7,473	+$24,222	+$27,135
Growth % vs 2026	-28.4%	-24.2%	-13.4%	-11.6%	-3.0%		+2.4%	+7.7%	+8.6%
Downside (P10)							$277K	$268K	$267K
Upside (P90)							$388K	$445K	$477K

Forecast Confidence

66%

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

$277K to $388K

34.6% of median

Long-horizon band

$267K to $477K

61.4% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +8.6% · Spread: 61%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·The base case is supported by stable local demand and a moderate medium-term appreciation path.

Location

Parcel 51073100101, Petsworth · Gloucester · (Tract 1001.1) 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).