Freeborn, MN · ZIP 56036 · Census Tract 27047181000 · 2027–2030 outlook
Current modeled value
$177K
Downside (P10)
$141K
-20% by 2030
Base Case (P50)
$184K
+4% by 2030
Upside (P90)
$272K
+54% by 2030
Base case: +4% by 2030, with a forecast range from -20% to +54%. Uncertainty is typical relative to similar Freeborn markets.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $113K | $111K | $110K | $113K | $120K | $127K | $139K | $167K | $171K | $174K | $177K | $180K | $184K | $184K |
| YoY Change | -2.4% | -0.4% | +2.2% | +6.6% | +6.3% | +8.9% | +20.1% | +2.6% | +2.0% | +1.6% | +1.6% | +2.4% | -0.4% | |
| Downside (P10) | $149K | $145K | $141K | |||||||||||
| Upside (P90) | $225K | $254K | $272K |
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
$149K to $225K
42.2% of median
5-Year Spread
$141K to $272K
71.3% 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 |
|---|---|---|---|---|
| Shell Rock area | $175K | $184K | +4.8% | |
| Albert Lea | $175K | $178K | +1.9% | |
| Pickerel Lake area | $196K | $206K | +5.1% | |
| Hartland area | $208K | $231K | +11.1% | |
| Riceland area | $209K | $217K | +4.1% | |
| Albert Lea | $143K | $154K | +8.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Shell Rock area | $175K | $184K | +4.8% | |
| Albert Lea | $127K | $144K | +13.1% | |
| Hartland area | $208K | $231K | +11.1% | |
| Albert Lea area | $222K | $247K | +11.0% | |
| Albert Lea | $143K | $154K | +8.0% | |
| Albert Lea area | $103K | $111K | +7.9% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Shell Rock area | $175K | $184K | $131K | |
| Albert Lea area | $103K | $111K | $54K | |
| Albert Lea | $127K | $144K | $78K | |
| Albert Lea | $143K | $154K | $85K | |
| Albert Lea | $248K | $263K | $99K | |
| Pickerel Lake area | $196K | $206K | $107K |
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
Deep dive into property-level home price forecasts for parcels in this area.