What is the home price forecast for Parcel 27053104002 in Minneapolis · 55413 · (Tract 1040.2)?

Homecastr forecasts median home values at $363,356 currently, with a 5-year expected change of 9.8%.

What is the home price forecast for Parcel 27053104002 in Minneapolis · 55413 · (Tract 1040.2)?

Homecastr forecasts median home values at $363,356 currently, with a 5-year expected change of 9.8%.

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Parcel 27053104002 (Minneapolis) Home Price Forecast | Homecastr

Parcel 27053104002, Minneapolis · 55413 · (Tract 1040.2) Home Price Forecast

Minneapolis, MN · ZIP 55413 · Census Tract 27053104002 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$363K

Downside (P10)

$327K

-10% by 2030

Base Case (P50)

$399K

+10% by 2030

Upside (P90)

$540K

+49% by 2030

Base case: +10% by 2030, with a forecast range from -10% to +49%. The model forecasts this with 71% 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	$213K	$312K	$321K	$378K	$352K	$363K	$381K	$379K	$399K
Growth $ vs 2026	-$150,656	-$51,156	-$42,256	+$14,444	-$11,156		+$17,674	+$15,772	+$35,628
Growth % vs 2026	-41.5%	-14.1%	-11.6%	+4.0%	-3.1%		+4.9%	+4.3%	+9.8%
Downside (P10)							$326K	$328K	$327K
Upside (P90)							$428K	$466K	$540K

Forecast Confidence

71%

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

$326K to $428K

26.9% of median

Long-horizon band

$327K to $540K

53.4% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +9.8% · Spread: 53%

·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 27053104002, Minneapolis · 55413 · (Tract 1040.2) 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).