What is the home price forecast for Parcel 51185020302 in Northern?

Homecastr forecasts median home values at $107,391 currently, with a 5-year expected change of 8.5%.

What is the home price forecast for Parcel 51185020302 in Northern?

Homecastr forecasts median home values at $107,391 currently, with a 5-year expected change of 8.5%.

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Parcel 51185020302 (Northern) Home Price Forecast | Homecastr

Parcel 51185020302, Northern Home Price Forecast

Tazewell, VA · ZIP 24609 · Census Tract 51185020302 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$107K

Downside (P10)

$95K

-12% by 2030

Base Case (P50)

$116K

+8% by 2030

Upside (P90)

$158K

+47% by 2030

Base case: +8% by 2030, with a forecast range from -12% to +47%. 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	$92K	$78K	$101K	$100K	$103K	$107K	$111K	$116K	$116K
Growth $ vs 2026	-$15,691	-$29,691	-$6,791	-$7,791	-$4,791		+$3,175	+$8,350	+$9,088
Growth % vs 2026	-14.6%	-27.6%	-6.3%	-7.3%	-4.5%		+3.0%	+7.8%	+8.5%
Downside (P10)							$93K	$94K	$95K
Upside (P90)							$136K	$159K	$158K

Forecast Confidence

70%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.

Near-term band

$93K to $136K

38.9% of median

Long-horizon band

$95K to $158K

54.5% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +8.5% · 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 51185020302, Northern 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).