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Look up a home and see where its value may be headed over the next five years.
Henrico, VA · ZIP 23228 · Census Tract 51087200600 · 2027–2030 outlook
Current modeled value
$299K
Downside (P10)
$253K
-15% by 2030
Base Case (P50)
$317K
+6% by 2030
Upside (P90)
$422K
+41% by 2030
Base case: +6% by 2030, with a forecast range from -15% to +41%. The model forecasts this with 71% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $168K | $170K | $180K | $182K | $181K | $194K | $218K | $271K | $278K | $292K | $299K | $311K | $312K | $317K |
| YoY Change | +1.6% | +5.6% | +1.1% | -0.3% | +7.5% | +12.2% | +24.1% | +2.6% | +5.3% | +2.4% | +3.9% | +0.5% | +1.5% | |
| Downside (P10) | $248K | $255K | $253K | |||||||||||
| Upside (P90) | $380K | $407K | $422K |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$248K to $380K
42.6% of median
5-Year Spread
$253K to $422K
53.2% 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 |
|---|---|---|---|---|
| Lakeside | $297K | $317K | +6.7% | |
| Glen Allen | $298K | $332K | +11.6% | |
| Fairfield (Tract 200802) | $295K | $325K | +10.4% | |
| Varina | $298K | $323K | +8.4% | |
| Brookland | $303K | $302K | -0.3% | |
| Fairfield (Tract 200904) | $303K | $298K | -1.8% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Lakeside | $297K | $317K | +6.7% | |
| East Highland Park | $213K | $256K | +20.5% | |
| Dumbarton | $264K | $310K | +17.3% | |
| Short Pump (Tract 200143) | $640K | $745K | +16.4% | |
| Three Chopt area | $395K | $459K | +16.3% | |
| Short Pump (Tract 200141) | $522K | $605K | +15.8% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Lakeside | $297K | $317K | $169K | |
| East Highland Park (Tract 201003) | $213K | $256K | $115K | |
| Fairfield (Tract 200806) | $218K | $234K | $113K | |
| East Highland Park (Tract 201002) | $217K | $232K | $104K | |
| Fairfield (Tract 200805) | $194K | $215K | $100K | |
| Highland Springs | $211K | $219K | $98K |
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.