Redwood, MN · ZIP 56283 · Census Tract 27127750300 · 2027–2030 outlook
Current modeled value
$143K
Downside (P10)
$111K
-22% by 2030
Base Case (P50)
$146K
+3% by 2030
Upside (P90)
$182K
+28% by 2030
Base case: +3% by 2030, with a forecast range from -22% to +28%. Uncertainty is narrow relative to similar Redwood markets.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $94K | $106K | $99K | $99K | $103K | $106K | $107K | $118K | $155K | $141K | $143K | $141K | $145K | $146K | $145K |
| YoY Change | +13.0% | -6.5% | -0.3% | +4.1% | +3.6% | +0.7% | +10.1% | +31.8% | -9.3% | +1.1% | -0.8% | +2.8% | +0.7% | -0.9% | |
| Downside (P10) | $123K | $116K | $111K | $129K | |||||||||||
| Upside (P90) | $163K | $173K | $182K | $165K |
The forecast range is narrow for this market. Near-term outcomes are relatively tight and remain tight through the full horizon.
1-Year Spread
$123K to $163K
28.6% of median
5-Year Spread
$129K to $165K
24.4% 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 |
|---|---|---|---|---|
| Redwood Falls | $140K | $146K | +4.6% | |
| Westline area | $152K | $163K | +7.2% | |
| Three Lakes area | $156K | $171K | +9.8% | |
| Lamberton area | $113K | $130K | +14.8% | |
| Honner area | $177K | $189K | +6.7% | |
| Sheridan area | $186K | $199K | +6.8% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Redwood Falls | $140K | $146K | +4.6% | |
| Lamberton area | $113K | $130K | +14.8% | |
| Three Lakes area | $156K | $171K | +9.8% | |
| Westline area | $152K | $163K | +7.2% | |
| Sheridan area | $186K | $199K | +6.8% | |
| Honner area | $177K | $189K | +6.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Redwood Falls | $140K | $146K | $71K | |
| Lamberton area | $113K | $130K | $66K | |
| Honner area | $177K | $189K | $78K | |
| Westline area | $152K | $163K | $85K | |
| Three Lakes area | $156K | $171K | $102K | |
| Sheridan area | $186K | $199K | $133K |
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.