What is the home price forecast for Parcel 26163546301 in Detroit · Redford · (Tract 5463.1)?

Homecastr forecasts median home values at $75,385 currently, with a 5-year expected change of 11.0%.

What is the home price forecast for Parcel 26163546301 in Detroit · Redford · (Tract 5463.1)?

Homecastr forecasts median home values at $75,385 currently, with a 5-year expected change of 11.0%.

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Parcel 26163546301 (Detroit) Home Price Forecast | Homecastr

Parcel 26163546301, Detroit · Redford · (Tract 5463.1) Home Price Forecast

Detroit, MI · ZIP 48239 · Census Tract 26163546301 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$75K

Downside (P10)

$63K

-16% by 2030

Base Case (P50)

$84K

+11% by 2030

Upside (P90)

$108K

+44% by 2030

Base case: +11% by 2030, with a forecast range from -16% to +44%. The model forecasts this with 71% 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	$46K	$50K	$64K	$65K	$73K	$75K	$76K	$78K	$84K
Growth $ vs 2026	-$29,685	-$25,485	-$11,385	-$9,985	-$2,385		+$633	+$2,381	+$8,277
Growth % vs 2026	-39.4%	-33.8%	-15.1%	-13.2%	-3.2%		+0.8%	+3.2%	+11.0%
Downside (P10)							$65K	$64K	$63K
Upside (P90)							$92K	$103K	$108K

Forecast Confidence

71%

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

$65K to $92K

36.2% of median

Long-horizon band

$63K to $108K

53.4% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +11.0% · Spread: 53%

·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 26163546301, Detroit · Redford · (Tract 5463.1) 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).