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Look up a home and see where its value may be headed over the next five years.
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%. The model forecasts this with 61% confidence.
| 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 fairly tight, but the confidence interval 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% | |
| Hartland area | $208K | $231K | +11.1% | |
| Albert Lea (Tract 180900) | $143K | $154K | +8.0% | |
| Pickerel Lake area | $196K | $206K | +5.1% | |
| Riceland area | $209K | $217K | +4.1% | |
| Albert Lea (Tract 180500) | $175K | $178K | +1.9% |
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 (Tract 180800) | $127K | $144K | +13.1% | |
| Hartland area | $208K | $231K | +11.1% | |
| Albert Lea area (Tract 180700) | $222K | $247K | +11.0% | |
| Albert Lea (Tract 180900) | $143K | $154K | +8.0% | |
| Albert Lea area (Tract 180600) | $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 | |
| Pickerel Lake area | $196K | $206K | $107K | |
| Albert Lea (Tract 180400) | $248K | $263K | $99K | |
| Albert Lea (Tract 180900) | $143K | $154K | $85K | |
| Albert Lea (Tract 180800) | $127K | $144K | $78K | |
| Albert Lea area | $103K | $111K | $54K |
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.