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Look up a home and see where its value may be headed over the next five years.
Detroit, MI · ZIP 48205 · Census Tract 26163500500 · 2027–2030 outlook
Current modeled value
$62K
Downside (P10)
$51K
-18% by 2030
Base Case (P50)
$70K
+13% by 2030
Upside (P90)
$94K
+52% by 2030
Base case: +13% by 2030, with a forecast range from -18% to +52%. The model forecasts this with 66% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $26K | $27K | $30K | $32K | $31K | $33K | $33K | $45K | $46K | $61K | $62K | $61K | $65K | $70K | $64K |
| YoY Change | +3.8% | +11.1% | +6.0% | -3.5% | +8.5% | -0.3% | +34.3% | +3.6% | +32.3% | +0.7% | -1.2% | +6.1% | +7.8% | -7.4% | |
| Downside (P10) | $50K | $51K | $51K | $57K | |||||||||||
| Upside (P90) | $80K | $86K | $94K | $72K |
The forecast range is very tight for this market, indicating strong model confidence. Near-term outcomes are constrained and remain highly predictable through the full horizon.
1-Year Spread
$50K to $80K
49.1% of median
5-Year Spread
$57K to $72K
24.4% 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 |
|---|---|---|---|---|
| Detroit | $61K | $70K | +13.7% | |
| Detroit (Tract 544800) | $61K | $69K | +12.3% | |
| Detroit (Tract 524700) | $62K | $68K | +10.6% | |
| Detroit (Tract 533200) | $61K | $67K | +8.8% | |
| Detroit (Tract 545700) | $61K | $65K | +5.9% | |
| Detroit (Tract 500800) | $61K | $65K | +5.6% |
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.