What is the home price forecast for Parcel 27141030301 in Palmer area?

Homecastr forecasts median home values at $390,614 currently, with a 5-year expected change of 13.1%.

What is the home price forecast for Parcel 27141030301 in Palmer area?

Homecastr forecasts median home values at $390,614 currently, with a 5-year expected change of 13.1%.

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Parcel 27141030301 (Palmer area) Home Price Forecast | Homecastr

Parcel 27141030301, Palmer area Home Price Forecast

Sherburne, MN · ZIP 56304 · Census Tract 27141030301 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$391K

Downside (P10)

$351K

-10% by 2030

Base Case (P50)

$442K

+13% by 2030

Upside (P90)

$561K

+44% by 2030

Base case: +13% by 2030, with a forecast range from -10% to +44%. The model forecasts this with 74% 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	$273K	$278K	$323K	$344K	$370K	$391K	$394K	$420K	$442K
Growth $ vs 2026	-$117,414	-$112,614	-$68,114	-$47,014	-$21,014		+$3,220	+$29,591	+$51,113
Growth % vs 2026	-30.1%	-28.8%	-17.4%	-12.0%	-5.4%		+0.8%	+7.6%	+13.1%
Downside (P10)							$346K	$351K	$351K
Upside (P90)							$472K	$503K	$561K

Forecast Confidence

74%

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

$346K to $472K

32.1% of median

Long-horizon band

$351K to $561K

47.4% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +13.1% · Spread: 47%

·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 27141030301, Palmer area 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).