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Olmsted, MN · ZIP 55906 · Census Tract 27109001603 · 2027–2030 outlook
Current modeled value
$498K
Downside (P10)
$400K
-20% by 2030
Base Case (P50)
$554K
+11% by 2030
Upside (P90)
$775K
+55% by 2030
Base case: +11% by 2030, with a forecast range from -20% to +55%. The model forecasts this with 63% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $274K | $289K | $297K | $320K | $336K | $350K | $363K | $437K | $457K | $492K | $498K | $507K | $517K | $554K | $515K |
| YoY Change | +5.3% | +3.0% | +7.6% | +5.2% | +4.2% | +3.5% | +20.5% | +4.6% | +7.6% | +1.3% | +1.7% | +2.1% | +7.1% | -7.0% | |
| Downside (P10) | $451K | $437K | $400K | $450K | |||||||||||
| Upside (P90) | $642K | $711K | $775K | $582K |
The forecast range is very tight for this market, indicating strong model confidence. Near-term outcomes are constrained and remain highly predictable through the full horizon.
1-Year Spread
$451K to $642K
37.8% of median
5-Year Spread
$450K to $582K
25.6% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Haverhill | $508K | $554K | +8.9% | |
| Cascade | $446K | $509K | +14.2% | |
| Rochester (Tract 000400) | $440K | $480K | +9.0% | |
| Rochester (Tract 001602) | $433K | $459K | +5.8% | |
| High Forest area | $442K | $465K | +5.4% | |
| Oronoco area | $552K | $579K | +4.9% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Haverhill | $508K | $554K | +8.9% | |
| Rochester (Tract 001202) | $311K | $359K | +15.4% | |
| Rochester (Tract 000901) | $268K | $308K | +15.3% | |
| Rochester (Tract 001203) | $599K | $690K | +15.2% | |
| Byron | $342K | $392K | +14.6% | |
| Rochester (Tract 001404) | $373K | $427K | +14.4% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Haverhill | $508K | $554K | $374K | |
| Rochester (Tract 000300) | $212K | $230K | $132K | |
| Rochester (Tract 000100) | $215K | $228K | $131K | |
| Rochester (Tract 000200) | $212K | $234K | $119K | |
| Rochester (Tract 001702) | $255K | $270K | $102K | |
| Rochester (Tract 001000) | $236K | $253K | $96K |
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.
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
Deep dive into property-level home price forecasts for parcels in this area.