Detroit, MI · ZIP 48122 · Census Tract 26163578600 · 2027–2030 outlook
Current modeled value
$115K
Downside (P10)
$95K
-18% by 2030
Base Case (P50)
$119K
+3% by 2030
Upside (P90)
$173K
+50% by 2030
Base case: +3% by 2030, with a forecast range from -18% to +50%. Uncertainty is typical relative to similar Detroit markets.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $51K | $57K | $60K | $59K | $60K | $60K | $62K | $76K | $96K | $116K | $119K | $115K | $116K | $117K | $119K |
| YoY Change | +12.5% | +4.2% | -1.7% | +1.7% | +0.0% | +3.7% | +22.3% | +26.4% | +21.0% | +2.3% | -2.8% | +1.0% | +0.2% | +1.6% | |
| Downside (P10) | $104K | $101K | $100K | $95K | |||||||||||
| Upside (P90) | $135K | $141K | $159K | $173K |
The forecast range is moderate for this market over this horizon. Near-term outcomes are relatively tight, but uncertainty widens meaningfully by 2030.
1-Year Spread
$111K to $126K
12.8% of median
5-Year Spread
$95K to $173K
66.0% 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 |
|---|---|---|---|
| Detroit | $115K | $130K | +12.7% |
| Redford | $115K | $131K | +13.7% |
| Hamtramck | $115K | $115K | -0.2% |
| Lincoln Park | $116K | $122K | +4.8% |
| Taylor | $114K | $125K | +9.2% |
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