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Grand Traverse, MI · ZIP 49649 · Census Tract 26055550603 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$275K
Downside (P10)
$237K
-14% by 2030
Base Case (P50)
$301K
+9% by 2030
Upside (P90)
$376K
+36% by 2030
Base case: +9% by 2030, with a forecast range from -14% to +36%. The model forecasts this with 75% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $209K | $209K | $245K | $249K | $262K | $275K | $279K | $292K | $301K |
| YoY Change | -0.1% | +17.4% | +1.6% | +4.9% | +5.3% | +1.3% | +4.5% | +3.3% | |
| Downside (P10) | $242K | $246K | $237K | ||||||
| Upside (P90) | $322K | $359K | $376K |
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
$242K to $322K
28.7% of median
5-Year Spread
$237K to $376K
46.1% 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 |
|---|---|---|---|---|
| Paradise | $267K | $301K | +12.5% | |
| Union area | $291K | $318K | +9.1% | |
| Garfield | $266K | $289K | +8.7% | |
| Traverse City area | $253K | $270K | +6.9% | |
| Mayfield area | $269K | $282K | +4.9% | |
| Green Lake | $265K | $269K | +1.5% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Paradise | $267K | $301K | +12.5% | |
| Green Lake area (Tract 550500) | $249K | $278K | +11.7% | |
| Green Lake area (Tract 550801) | $349K | $388K | +11.1% | |
| Long Lake | $457K | $506K | +10.8% | |
| Acme area | $408K | $450K | +10.4% | |
| Garfield | $184K | $202K | +9.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Paradise | $267K | $301K | $139K | |
| Union area | $291K | $318K | $159K | |
| Traverse City area | $253K | $270K | $158K | |
| Garfield (Tract 551301) | $266K | $289K | $147K | |
| Garfield (Tract 551303) | $184K | $202K | $141K | |
| Garfield (Tract 551302) | $91K | $95K | $58K |
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.