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Look up a home and see where its value may be headed over the next five years.
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Look up a home and see where its value may be headed over the next five years.
Freeborn, MN · ZIP 56007 · Census Tract 27047180100 · 2027–2030 outlook
Current modeled value
$217K
Downside (P10)
$176K
-19% by 2030
Base Case (P50)
$217K
+0% by 2030
Upside (P90)
$302K
+39% by 2030
Base case: +0% by 2030, with a forecast range from -19% to +39%. The model forecasts this with 68% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $145K | $144K | $139K | $148K | $154K | $159K | $169K | $198K | $199K | $207K | $217K | $218K | $223K | $217K |
| YoY Change | -0.3% | -3.7% | +6.3% | +4.5% | +3.2% | +6.2% | +16.9% | +0.9% | +3.8% | +4.7% | +0.4% | +2.4% | -2.4% | |
| Downside (P10) | $173K | $178K | $176K | |||||||||||
| Upside (P90) | $256K | $282K | $302K |
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
$173K to $256K
37.8% of median
5-Year Spread
$176K to $302K
57.9% 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 |
|---|---|---|---|---|
| Riceland area | $209K | $217K | +4.1% | |
| Hartland area | $208K | $231K | +11.1% | |
| Albert Lea area | $222K | $247K | +11.0% | |
| Albert Lea | $248K | $263K | +6.3% | |
| Pickerel Lake area | $196K | $206K | +5.1% | |
| Shell Rock area | $175K | $184K | +4.8% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Riceland area | $209K | $217K | +4.1% | |
| 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 |
|---|---|---|---|---|
| Riceland area | $209K | $217K | $126K | |
| Pickerel Lake area | $196K | $206K | $107K | |
| Albert Lea (Tract 180400) | $248K | $263K | $99K | |
| 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.