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Beltrami, MN · ZIP 56601 · Census Tract 27007450201 · 2027–2030 outlook
Current modeled value
$341K
Downside (P10)
$281K
-18% by 2030
Base Case (P50)
$358K
+5% by 2030
Upside (P90)
$471K
+38% by 2030
Base case: +5% by 2030, with a forecast range from -18% to +38%. The model forecasts this with 71% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $221K | $234K | $256K | $295K | $327K | $341K | $349K | $356K | $358K |
| YoY Change | +5.9% | +9.5% | +15.2% | +10.9% | +4.1% | +2.5% | +2.1% | +0.5% | |
| Downside (P10) | $302K | $281K | $281K | ||||||
| Upside (P90) | $394K | $438K | $471K |
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
$302K to $394K
26.4% of median
5-Year Spread
$281K to $471K
53.1% 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 |
|---|---|---|---|---|
| Northern area | $337K | $358K | +6.5% | |
| Port Hope area | $322K | $362K | +12.4% | |
| Bemidji area | $260K | $278K | +6.9% | |
| Northern | $290K | $310K | +6.9% | |
| Grant Valley area | $269K | $287K | +6.8% | |
| Bemidji | $290K | $295K | +1.9% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Northern area | $337K | $358K | +6.5% | |
| Upper Red Lake area (Tract 450500) | $202K | $232K | +14.9% | |
| Ten Lake area | $238K | $272K | +14.1% | |
| Upper Red Lake area (Tract 940001) | $107K | $122K | +13.8% | |
| Port Hope area | $322K | $362K | +12.4% | |
| Bemidji | $188K | $209K | +11.5% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Northern area | $337K | $358K | $190K | |
| Upper Red Lake area (Tract 450500) | $202K | $232K | $125K | |
| Bemidji (Tract 450706) | $166K | $184K | $124K | |
| Bemidji (Tract 450704) | $235K | $255K | $115K | |
| Bemidji (Tract 450600) | $188K | $209K | $103K | |
| Upper Red Lake area (Tract 940001) | $107K | $122K | $55K |
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.