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Detroit, MI · ZIP 48204 · Census Tract 26163533800 · 2027–2030 outlook
Current modeled value
$58K
Downside (P10)
$48K
-16% by 2030
Base Case (P50)
$63K
+8% by 2030
Upside (P90)
$79K
+36% by 2030
Base case: +8% by 2030, with a forecast range from -16% to +36%. The model forecasts this with 73% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $35K | $42K | $43K | $46K | $57K | $58K | $59K | $60K | $63K |
| YoY Change | +21.9% | +2.4% | +5.8% | +25.3% | +0.6% | +2.6% | +1.4% | +4.3% | |
| Downside (P10) | $51K | $48K | $48K | ||||||
| Upside (P90) | $68K | $75K | $79K |
The forecast range is moderate for this market over this horizon. Near-term outcomes are fairly tight, but the confidence interval widens meaningfully by 2030.
1-Year Spread
$51K to $68K
28.5% of median
5-Year Spread
$48K to $79K
48.4% 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 | $58K | $63K | +8.1% | |
| Detroit (Tract 514500) | $58K | $64K | +9.8% | |
| Detroit (Tract 546600) | $58K | $62K | +7.4% | |
| Detroit (Tract 504400) | $59K | $61K | +4.4% | |
| Detroit (Tract 537000) | $58K | $60K | +3.8% | |
| Detroit (Tract 543700) | $57K | $58K | +2.6% |
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.