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Wells, ND · Census Tract 38103400003 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$1.13M
Downside (P10)
$449K
-60% by 2030
Base Case (P50)
$944K
-17% by 2030
Upside (P90)
$1.52M
+34% by 2030
Base case: -17% by 2030, with a forecast range from -60% to +34%. The model forecasts this with 37% confidence.
| Year | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| Median Value | $1.1M | $1.1M | $1.1M | $976K | $944K | |
| Growth $ vs 2026 | +$11,171 | -$80,391 | -$156,619 | -$188,307 | ||
| Growth % vs 2026 | +1.0% | -7.1% | -13.8% | -16.6% | ||
| Downside (P10) | $693K | $599K | $475K | $449K | ||
| Upside (P90) | $1.5M | $1.5M | $1.4M | $1.5M |
The upside and downside bands are unusually far apart. Treat the median path as one plausible case rather than a tight estimate.
Near-term band
$693K to $1.5M
72.4% of median
Long-horizon band
$449K to $1.5M
113.8% 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 |
|---|---|---|---|---|
| Tract 400003 | $1.13M | $944K | -16.6% | |
| Wells (Tract 840003) | $376K | $563K | +49.5% | |
| Wells (Tract 040007) | $369K | $501K | +35.8% | |
| Harvey area | $123K | $139K | +12.7% | |
| Wells (Tract 960006) | $825K | $871K | +5.7% | |
| Wells (Tract 280003) | $1.59M | $1.30M | -18.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Tract 400003 | $1.13M | $944K | -16.6% | |
| Wells (Tract 840003) | $376K | $563K | +49.5% | |
| Wells (Tract 040007) | $369K | $501K | +35.8% | |
| Harvey area | $123K | $139K | +12.7% | |
| Wells (Tract 960006) | $825K | $871K | +5.7% | |
| Near West Ontario | $117K | $115K | -1.3% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Tract 400003 | $1.13M | $944K | $1.07M | |
| Wells (Tract 960006) | $825K | $871K | $1.10M | |
| Wells (Tract 840003) | $376K | $563K | $417K | |
| Wells (Tract 040007) | $369K | $501K | $403K | |
| Harvey area | $123K | $139K | $85K | |
| Near West Ontario | $117K | $115K | $26K |
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
Wells, ND · Census Tract 38103400003 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$1.13M
Downside (P10)
$449K
-60% by 2030
Base Case (P50)
$944K
-17% by 2030
Upside (P90)
$1.52M
+34% by 2030
Base case: -17% by 2030, with a forecast range from -60% to +34%. The model forecasts this with 37% confidence.
| Year | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| Median Value | $1.1M | $1.1M | $1.1M | $976K | $944K | |
| Growth $ vs 2026 | +$11,171 | -$80,391 | -$156,619 | -$188,307 | ||
| Growth % vs 2026 | +1.0% | -7.1% | -13.8% | -16.6% | ||
| Downside (P10) | $693K | $599K | $475K | $449K | ||
| Upside (P90) | $1.5M | $1.5M | $1.4M | $1.5M |
The upside and downside bands are unusually far apart. Treat the median path as one plausible case rather than a tight estimate.
Near-term band
$693K to $1.5M
72.4% of median
Long-horizon band
$449K to $1.5M
113.8% 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 |
|---|---|---|---|---|
| Tract 400003 | $1.13M | $944K | -16.6% | |
| Wells (Tract 840003) | $376K | $563K | +49.5% | |
| Wells (Tract 040007) | $369K | $501K | +35.8% | |
| Harvey area | $123K | $139K | +12.7% | |
| Wells (Tract 960006) | $825K | $871K | +5.7% | |
| Wells (Tract 280003) | $1.59M | $1.30M | -18.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Tract 400003 | $1.13M | $944K | -16.6% | |
| Wells (Tract 840003) | $376K | $563K | +49.5% | |
| Wells (Tract 040007) | $369K | $501K | +35.8% | |
| Harvey area | $123K | $139K | +12.7% | |
| Wells (Tract 960006) | $825K | $871K | +5.7% | |
| Near West Ontario | $117K | $115K | -1.3% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Tract 400003 | $1.13M | $944K | $1.07M | |
| Wells (Tract 960006) | $825K | $871K | $1.10M | |
| Wells (Tract 840003) | $376K | $563K | $417K | |
| Wells (Tract 040007) | $369K | $501K | $403K | |
| Harvey area | $123K | $139K | $85K | |
| Near West Ontario | $117K | $115K | $26K |
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
