What is the home price forecast for Parcel 27061480301 in Deer Lake?

Homecastr forecasts median home values at $223,185 currently, with a 5-year expected change of 11.7%.

What is the home price forecast for Parcel 27061480301 in Deer Lake?

Homecastr forecasts median home values at $223,185 currently, with a 5-year expected change of 11.7%.

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Parcel 27061480301 (Deer Lake) Home Price Forecast | Homecastr

Parcel 27061480301, Deer Lake Home Price Forecast

Itasca, MN · ZIP 55744 · Census Tract 27061480301 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$223K

Downside (P10)

$184K

-18% by 2030

Base Case (P50)

$249K

+12% by 2030

Upside (P90)

$322K

+44% by 2030

Base case: +12% by 2030, with a forecast range from -18% to +44%. The model forecasts this with 69% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2020	2021	2022	2023	2024	2026	2027	2028	2029
Median Value	$184K	$188K	$202K	$201K	$218K	$223K	$227K	$239K	$249K
Growth $ vs 2026	-$39,185	-$34,785	-$20,785	-$22,485	-$4,885		+$3,508	+$16,231	+$26,004
Growth % vs 2026	-17.6%	-15.6%	-9.3%	-10.1%	-2.2%		+1.6%	+7.3%	+11.7%
Downside (P10)							$197K	$190K	$184K
Upside (P90)							$272K	$305K	$322K

Forecast Confidence

69%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. Near-term ranges are tighter, but uncertainty widens meaningfully further out.

Near-term band

$197K to $272K

33.0% of median

Long-horizon band

$184K to $322K

55.5% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +11.7% · Spread: 55%

·The base case is supported by strong local demand signals and a positive medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 27061480301, Deer Lake 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).