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Koochiching, MN · ZIP 56627 · Census Tract 27071790500 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$162K
Downside (P10)
$136K
-16% by 2030
Base Case (P50)
$168K
+3% by 2030
Upside (P90)
$274K
+69% by 2030
Base case: +3% by 2030, with a forecast range from -16% to +69%. The model forecasts this with 55% confidence.
| Year | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Median Value | $162K | $167K | $172K | $168K |
| YoY Change | +3.0% | +3.2% | -2.7% | |
| Downside (P10) | $138K | $134K | $136K | |
| Upside (P90) | $220K | $242K | $274K |
The forecast range is wider than average for this market, indicating lower confidence. Short-term confidence is moderate but expands significantly by 2030 — outcomes could vary meaningfully.
1-Year Spread
$138K to $220K
49.4% of median
5-Year Spread
$136K to $274K
82.0% 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 |
|---|---|---|---|---|
| South Koochiching area | $161K | $168K | +4.4% | |
| Fergus Falls area | $161K | $188K | +16.7% | |
| Worthington area | $165K | $187K | +13.8% | |
| Rainy Lake | $162K | $178K | +9.7% | |
| Greenway area | $164K | $179K | +9.1% | |
| Lake Benton area | $162K | $171K | +5.3% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| South Koochiching area | $161K | $168K | +4.4% | |
| Minneapolis (Tract 003801) | $355K | $437K | +23.0% | |
| Richfield | $365K | $448K | +22.6% | |
| Minneapolis (Tract 111200) | $588K | $717K | +21.8% | |
| Eureka area | $497K | $600K | +20.9% | |
| Fenton area | $173K | $208K | +20.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| South Koochiching area | $161K | $168K | $137K | |
| Northeast Itasca area | $113K | $123K | $61K | |
| Brush Creek area | $105K | $116K | $61K | |
| Clark | $112K | $120K | $58K | |
| Upper Red Lake area | $107K | $122K | $55K | |
| 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.