What is the home price forecast for Parcel 27091790502 in Fairmont?

Homecastr forecasts median home values at $182,276 currently, with a 5-year expected change of 11.4%.

What is the home price forecast for Parcel 27091790502 in Fairmont?

Homecastr forecasts median home values at $182,276 currently, with a 5-year expected change of 11.4%.

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Parcel 27091790502 (Fairmont) Home Price Forecast | Homecastr

Parcel 27091790502, Fairmont Home Price Forecast

Martin, MN · ZIP 56031 · Census Tract 27091790502 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$182K

Downside (P10)

$158K

-14% by 2030

Base Case (P50)

$203K

+11% by 2030

Upside (P90)

$242K

+33% by 2030

Base case: +11% by 2030, with a forecast range from -14% to +33%. The model forecasts this with 77% 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	$133K	$143K	$160K	$167K	$177K	$182K	$187K	$193K	$203K
Growth $ vs 2026	-$49,076	-$39,576	-$22,776	-$14,976	-$5,476		+$4,886	+$10,850	+$20,842
Growth % vs 2026	-26.9%	-21.7%	-12.5%	-8.2%	-3.0%		+2.7%	+6.0%	+11.4%
Downside (P10)							$162K	$168K	$158K
Upside (P90)							$227K	$228K	$242K

Forecast Confidence

77%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.

Near-term band

$162K to $227K

35.1% of median

Long-horizon band

$158K to $242K

41.5% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +11.4% · Spread: 42%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·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 27091790502, Fairmont 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).