What is the home price forecast for Parcel 26055550701 in Long Lake area?

Homecastr forecasts median home values at $413,466 currently, with a 5-year expected change of 7.7%.

What is the home price forecast for Parcel 26055550701 in Long Lake area?

Homecastr forecasts median home values at $413,466 currently, with a 5-year expected change of 7.7%.

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Parcel 26055550701 (Long Lake area) Home Price Forecast | Homecastr

Parcel 26055550701, Long Lake area Home Price Forecast

Grand Traverse, MI · ZIP 49685 · Census Tract 26055550701 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$413K

Downside (P10)

$337K

-18% by 2030

Base Case (P50)

$445K

+8% by 2030

Upside (P90)

$535K

+29% by 2030

Base case: +8% by 2030, with a forecast range from -18% to +29%. The model forecasts this with 76% 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	$247K	$267K	$313K	$377K	$410K	$413K	$424K	$437K	$445K
Growth $ vs 2026	-$166,266	-$146,366	-$100,866	-$36,566	-$3,866		+$10,552	+$23,289	+$31,959
Growth % vs 2026	-40.2%	-35.4%	-24.4%	-8.8%	-0.9%		+2.6%	+5.6%	+7.7%
Downside (P10)							$351K	$340K	$337K
Upside (P90)							$492K	$508K	$535K

Forecast Confidence

76%

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

$351K to $492K

33.1% of median

Long-horizon band

$337K to $535K

44.3% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +7.7% · Spread: 44%

·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 26055550701, Long Lake 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).