What is the home price forecast for Parcel 27061480701 in Spang area?

Homecastr forecasts median home values at $183,902 currently, with a 5-year expected change of 7.1%.

What is the home price forecast for Parcel 27061480701 in Spang area?

Homecastr forecasts median home values at $183,902 currently, with a 5-year expected change of 7.1%.

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Parcel 27061480701 (Spang area) Home Price Forecast | Homecastr

Parcel 27061480701, Spang area Home Price Forecast

Itasca, MN · ZIP 55744 · Census Tract 27061480701 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$184K

Downside (P10)

$146K

-20% by 2030

Base Case (P50)

$197K

+7% by 2030

Upside (P90)

$253K

+38% by 2030

Base case: +7% by 2030, with a forecast range from -20% to +38%. The model forecasts this with 70% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2020	2021	2022	2023	2024	2026	2027	2028	2029	2030
Median Value	$210K	$194K	$214K	$188K	$179K	$184K	$186K	$197K	$197K	$187K
Growth $ vs 2026	+$25,798	+$10,198	+$29,898	+$3,598	-$4,602		+$2,506	+$13,278	+$13,104	+$3,270
Growth % vs 2026	+14.0%	+5.5%	+16.3%	+2.0%	-2.5%		+1.4%	+7.2%	+7.1%	+1.8%
Downside (P10)							$156K	$152K	$146K	$164K
Upside (P90)							$208K	$232K	$253K	$210K

Forecast Confidence

87%

High Confidence

The predictive band is relatively tight for this surface. Near-term outcomes are well constrained and remain comparatively stable through the forecast window.

Near-term band

$156K to $208K

27.8% of median

Long-horizon band

$164K to $210K

24.2% of median

Interpretation

Homecastr outlook: roughly flat5yr expected: +1.8% · Spread: 24%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 27061480701, Spang 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).