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Freeborn, MN · ZIP 56007 · Census Tract 27047180400 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$251K
Downside (P10)
$220K
-12% by 2030
Base Case (P50)
$263K
+5% by 2030
Upside (P90)
$318K
+27% by 2030
Base case: +5% by 2030, with a forecast range from -12% to +27%. The model forecasts this with 79% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $137K | $138K | $137K | $143K | $141K | $157K | $165K | $197K | $230K | $240K | $251K | $259K | $268K | $263K | |
| Growth $ vs 2026 | -$114,598 | -$113,298 | -$113,798 | -$108,298 | -$109,898 | -$93,898 | -$85,898 | -$54,598 | -$20,998 | -$11,298 | +$8,185 | +$17,077 | +$12,258 | ||
| Growth % vs 2026 | -45.6% | -45.1% | -45.3% | -43.1% | -43.8% | -37.4% | -34.2% | -21.7% | -8.4% | -4.5% | +3.3% | +6.8% | +4.9% | ||
| Downside (P10) | $219K | $228K | $220K | ||||||||||||
| Upside (P90) | $290K | $306K | $318K |
The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.
Near-term band
$219K to $290K
27.2% of median
Long-horizon band
$220K to $318K
37.4% 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 |
|---|---|---|---|---|
| Albert Lea · 56007 · (Tract 1804) | $248K | $263K | +6.3% | |
| Hartland area | $208K | $231K | +11.1% | |
| Albert Lea area | $222K | $247K | +11.0% | |
| Pickerel Lake area | $196K | $206K | +5.1% | |
| Shell Rock area | $175K | $184K | +4.8% | |
| Riceland area | $209K | $217K | +4.1% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Albert Lea · 56007 · (Tract 1804) | $248K | $263K | +6.3% | |
| Albert Lea (Tract 180800) | $127K | $144K | +13.1% | |
| Hartland area | $208K | $231K | +11.1% | |
| Albert Lea area (Tract 180700) | $222K | $247K | +11.0% | |
| Albert Lea (Tract 180900) | $143K | $154K | +8.0% | |
| Albert Lea area (Tract 180600) | $103K | $111K | +7.9% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Albert Lea · 56007 · (Tract 1804) | $248K | $263K | $99K | |
| Albert Lea (Tract 180500) | $175K | $178K | $119K | |
| Pickerel Lake area | $196K | $206K | $107K | |
| Albert Lea (Tract 180900) | $143K | $154K | $85K | |
| Albert Lea (Tract 180800) | $127K | $144K | $78K | |
| Albert Lea area | $103K | $111K | $54K |
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
Freeborn, MN · ZIP 56007 · Census Tract 27047180400 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$251K
Downside (P10)
$220K
-12% by 2030
Base Case (P50)
$263K
+5% by 2030
Upside (P90)
$318K
+27% by 2030
Base case: +5% by 2030, with a forecast range from -12% to +27%. The model forecasts this with 79% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $137K | $138K | $137K | $143K | $141K | $157K | $165K | $197K | $230K | $240K | $251K | $259K | $268K | $263K | |
| Growth $ vs 2026 | -$114,598 | -$113,298 | -$113,798 | -$108,298 | -$109,898 | -$93,898 | -$85,898 | -$54,598 | -$20,998 | -$11,298 | +$8,185 | +$17,077 | +$12,258 | ||
| Growth % vs 2026 | -45.6% | -45.1% | -45.3% | -43.1% | -43.8% | -37.4% | -34.2% | -21.7% | -8.4% | -4.5% | +3.3% | +6.8% | +4.9% | ||
| Downside (P10) | $219K | $228K | $220K | ||||||||||||
| Upside (P90) | $290K | $306K | $318K |
The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.
Near-term band
$219K to $290K
27.2% of median
Long-horizon band
$220K to $318K
37.4% 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 |
|---|---|---|---|---|
| Albert Lea · 56007 · (Tract 1804) | $248K | $263K | +6.3% | |
| Hartland area | $208K | $231K | +11.1% | |
| Albert Lea area | $222K | $247K | +11.0% | |
| Pickerel Lake area | $196K | $206K | +5.1% | |
| Shell Rock area | $175K | $184K | +4.8% | |
| Riceland area | $209K | $217K | +4.1% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Albert Lea · 56007 · (Tract 1804) | $248K | $263K | +6.3% | |
| Albert Lea (Tract 180800) | $127K | $144K | +13.1% | |
| Hartland area | $208K | $231K | +11.1% | |
| Albert Lea area (Tract 180700) | $222K | $247K | +11.0% | |
| Albert Lea (Tract 180900) | $143K | $154K | +8.0% | |
| Albert Lea area (Tract 180600) | $103K | $111K | +7.9% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Albert Lea · 56007 · (Tract 1804) | $248K | $263K | $99K | |
| Albert Lea (Tract 180500) | $175K | $178K | $119K | |
| Pickerel Lake area | $196K | $206K | $107K | |
| Albert Lea (Tract 180900) | $143K | $154K | $85K | |
| Albert Lea (Tract 180800) | $127K | $144K | $78K | |
| Albert Lea area | $103K | $111K | $54K |
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.
Deep dive into property-level home price forecasts for parcels in this area.
