What is the home price forecast for Parcel 51121020702 in B-01?

Homecastr forecasts median home values at $388,219 currently, with a 5-year expected change of 6.0%.

What is the home price forecast for Parcel 51121020702 in B-01?

Homecastr forecasts median home values at $388,219 currently, with a 5-year expected change of 6.0%.

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Parcel 51121020702 (B-01) Home Price Forecast | Homecastr

Parcel 51121020702, B-01 Home Price Forecast

Montgomery, VA · ZIP 24060 · Census Tract 51121020702 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$388K

Downside (P10)

$332K

-15% by 2030

Base Case (P50)

$412K

+6% by 2030

Upside (P90)

$557K

+44% by 2030

Base case: +6% by 2030, with a forecast range from -15% to +44%. The model forecasts this with 70% 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	$423K	$349K	$386K	$399K	$383K	$388K	$397K	$406K	$412K
Growth $ vs 2026	+$35,181	-$39,119	-$2,219	+$10,681	-$5,619		+$9,097	+$17,504	+$23,320
Growth % vs 2026	+9.1%	-10.1%	-0.6%	+2.8%	-1.4%		+2.3%	+4.5%	+6.0%
Downside (P10)							$341K	$342K	$332K
Upside (P90)							$465K	$507K	$557K

Forecast Confidence

70%

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

$341K to $465K

31.4% of median

Long-horizon band

$332K to $557K

54.8% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +6.0% · Spread: 55%

·The base case is supported by stable local demand and a moderate medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 51121020702, B-01 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).