What is the home price forecast for Parcel 26053950800 in Marenisco area?

Homecastr forecasts median home values at $203,598 currently, with a 5-year expected change of 4.2%.

What is the home price forecast for Parcel 26053950800 in Marenisco area?

Homecastr forecasts median home values at $203,598 currently, with a 5-year expected change of 4.2%.

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Parcel 26053950800 (Marenisco area) Home Price Forecast | Homecastr

Parcel 26053950800, Marenisco area Home Price Forecast

Gogebic, MI · ZIP 49969 · Census Tract 26053950800 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$204K

Downside (P10)

$169K

-17% by 2030

Base Case (P50)

$212K

+4% by 2030

Upside (P90)

$294K

+45% by 2030

Base case: +4% by 2030, with a forecast range from -17% to +45%. The model forecasts this with 68% 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	$149K	$139K	$174K	$188K	$196K	$204K	$207K	$217K	$212K
Growth $ vs 2026	-$54,798	-$64,698	-$29,398	-$15,898	-$7,798		+$3,742	+$13,470	+$8,639
Growth % vs 2026	-26.9%	-31.8%	-14.4%	-7.8%	-3.8%		+1.8%	+6.6%	+4.2%
Downside (P10)							$172K	$171K	$169K
Upside (P90)							$250K	$280K	$294K

Forecast Confidence

68%

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

$172K to $250K

37.4% of median

Long-horizon band

$169K to $294K

58.9% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.2% · Spread: 59%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.
·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 26053950800, Marenisco area 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).