What is the home price forecast for Parcel 51121020701 in Blacksburg?

Homecastr forecasts median home values at $547,193 currently, with a 5-year expected change of 10.5%.

What is the home price forecast for Parcel 51121020701 in Blacksburg?

Homecastr forecasts median home values at $547,193 currently, with a 5-year expected change of 10.5%.

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Parcel 51121020701 (Blacksburg) Home Price Forecast | Homecastr

Parcel 51121020701, Blacksburg Home Price Forecast

Montgomery, VA · ZIP 24060 · Census Tract 51121020701 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$547K

Downside (P10)

$499K

-9% by 2030

Base Case (P50)

$604K

+10% by 2030

Upside (P90)

$808K

+48% by 2030

Base case: +10% by 2030, with a forecast range from -9% to +48%. The model forecasts this with 72% 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	$304K	$436K	$504K	$483K	$542K	$547K	$562K	$574K	$604K
Growth $ vs 2026	-$242,793	-$111,293	-$43,693	-$63,993	-$4,993		+$14,472	+$26,988	+$57,223
Growth % vs 2026	-44.4%	-20.3%	-8.0%	-11.7%	-0.9%		+2.6%	+4.9%	+10.5%
Downside (P10)							$497K	$491K	$499K
Upside (P90)							$671K	$736K	$808K

Forecast Confidence

72%

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

$497K to $671K

31.0% of median

Long-horizon band

$499K to $808K

51.1% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +10.5% · Spread: 51%

·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 51121020701, Blacksburg 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).