What is the home price forecast for Parcel 27139080306 in Shakopee · 55379 · (Tract 803.6)?

Homecastr forecasts median home values at $465,277 currently, with a 5-year expected change of 8.1%.

What is the home price forecast for Parcel 27139080306 in Shakopee · 55379 · (Tract 803.6)?

Homecastr forecasts median home values at $465,277 currently, with a 5-year expected change of 8.1%.

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Parcel 27139080306 (Shakopee) Home Price Forecast | Homecastr

Parcel 27139080306, Shakopee · 55379 · (Tract 803.6) Home Price Forecast

Scott, MN · ZIP 55379 · Census Tract 27139080306 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$465K

Downside (P10)

$402K

-14% by 2030

Base Case (P50)

$503K

+8% by 2030

Upside (P90)

$613K

+32% by 2030

Base case: +8% by 2030, with a forecast range from -14% to +32%. 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	$348K	$349K	$426K	$434K	$440K	$465K	$478K	$503K	$503K
Growth $ vs 2026	-$116,877	-$116,177	-$39,077	-$31,277	-$25,777		+$12,390	+$37,915	+$37,535
Growth % vs 2026	-25.1%	-25.0%	-8.4%	-6.7%	-5.5%		+2.7%	+8.1%	+8.1%
Downside (P10)							$404K	$417K	$402K
Upside (P90)							$554K	$591K	$613K

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

$404K to $554K

31.4% of median

Long-horizon band

$402K to $613K

42.1% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +8.1% · Spread: 42%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·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 27139080306, Shakopee · 55379 · (Tract 803.6) 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).