Loading forecast data...
Ready to see your forecast?
Look up a home and see where its value may be headed over the next five years.
Loading forecast data...
Look up a home and see where its value may be headed over the next five years.
Itasca, MN · ZIP 56636 · Census Tract 27061480303 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$361K
Downside (P10)
$297K
-18% by 2030
Base Case (P50)
$386K
+7% by 2030
Upside (P90)
$507K
+40% by 2030
Base case: +7% by 2030, with a forecast range from -18% to +40%. The model forecasts this with 70% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $328K | $348K | $338K | $325K | $350K | $361K | $359K | $381K | $386K |
| YoY Change | +6.0% | -2.8% | -4.0% | +7.7% | +3.2% | -0.5% | +6.2% | +1.1% | |
| Downside (P10) | $266K | $286K | $297K | ||||||
| Upside (P90) | $444K | $481K | $507K |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$266K to $444K
49.6% of median
5-Year Spread
$297K to $507K
54.5% 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 |
|---|---|---|---|---|
| Deer Lake | $355K | $386K | +8.6% | |
| Wabana area | $350K | $400K | +14.3% | |
| Grand Rapids | $325K | $361K | +11.2% | |
| Harris | $292K | $323K | +10.5% | |
| Cohasset area | $360K | $364K | +0.9% | |
| Northeast Itasca area | $298K | $299K | +0.7% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Deer Lake | $355K | $386K | +8.6% | |
| Grand Rapids | $241K | $278K | +15.4% | |
| Kinghurst area | $250K | $287K | +14.5% | |
| Wabana area | $350K | $400K | +14.3% | |
| Balsam area | $202K | $231K | +14.2% | |
| Deer Lake | $218K | $249K | +14.2% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Deer Lake | $355K | $386K | $210K | |
| Grand Rapids area | $222K | $246K | $110K | |
| Grand Rapids | $172K | $188K | $107K | |
| Spang area | $183K | $197K | $107K | |
| Greenway area | $164K | $179K | $91K | |
| Northeast Itasca area | $113K | $123K | $61K |
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.