What is the home price forecast for Parcel 27075370102 in Lake No. 2?

Homecastr forecasts median home values at $373,265 currently, with a 5-year expected change of 6.6%.

What is the home price forecast for Parcel 27075370102 in Lake No. 2?

Homecastr forecasts median home values at $373,265 currently, with a 5-year expected change of 6.6%.

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Parcel 27075370102 (Lake No. 2) Home Price Forecast | Homecastr

Parcel 27075370102, Lake No. 2 Home Price Forecast

Lake, MN · ZIP 55616 · Census Tract 27075370102 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$373K

Downside (P10)

$324K

-13% by 2030

Base Case (P50)

$398K

+7% by 2030

Upside (P90)

$471K

+26% by 2030

Base case: +7% by 2030, with a forecast range from -13% to +26%. The model forecasts this with 80% 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	$246K	$243K	$308K	$330K	$363K	$373K	$382K	$391K	$398K
Growth $ vs 2026	-$127,665	-$130,565	-$65,565	-$43,765	-$10,265		+$8,268	+$17,860	+$24,581
Growth % vs 2026	-34.2%	-35.0%	-17.6%	-11.7%	-2.8%		+2.2%	+4.8%	+6.6%
Downside (P10)							$328K	$313K	$324K
Upside (P90)							$438K	$460K	$471K

Forecast Confidence

80%

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

$328K to $438K

28.8% of median

Long-horizon band

$324K to $471K

36.8% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +6.6% · Spread: 37%

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

Location

Parcel 27075370102, Lake No. 2 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).