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Minneapolis, MN · ZIP 55416 · Census Tract 27053023000 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$391K
Downside (P10)
$312K
-20% by 2030
Base Case (P50)
$411K
+5% by 2030
Upside (P90)
$533K
+36% by 2030
Base case: +5% by 2030, with a forecast range from -20% to +36%. The model forecasts this with 70% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $249K | $251K | $258K | $289K | $300K | $315K | $317K | $364K | $365K | $371K | $391K | $400K | $403K | $411K |
| YoY Change | +0.8% | +2.9% | +12.2% | +3.7% | +4.9% | +0.5% | +14.9% | +0.2% | +1.8% | +5.4% | +2.4% | +0.8% | +1.9% | |
| Downside (P10) | $321K | $329K | $312K | |||||||||||
| Upside (P90) | $449K | $494K | $533K |
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
$321K to $449K
31.9% of median
5-Year Spread
$312K to $533K
53.8% 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 |
|---|---|---|---|---|
| St. Louis Park | $379K | $411K | +8.3% | |
| Minneapolis (Tract 101200) | $391K | $430K | +10.0% | |
| Minneapolis (Tract 104001) | $389K | $416K | +7.0% | |
| Minneapolis (Tract 107600) | $393K | $417K | +6.3% | |
| Maple Grove | $389K | $411K | +5.6% | |
| Minneapolis (Tract 105400) | $389K | $409K | +5.2% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| St. Louis Park | $379K | $411K | +8.3% | |
| Minneapolis (Tract 003801) | $355K | $437K | +23.0% | |
| Richfield (Tract 024300) | $365K | $448K | +22.6% | |
| Minneapolis (Tract 111200) | $588K | $717K | +21.8% | |
| Minneapolis (Tract 126000) | $233K | $279K | +19.8% | |
| Richfield (Tract 024500) | $359K | $427K | +18.9% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| St. Louis Park | $379K | $411K | $221K | |
| Edina | $228K | $248K | $112K | |
| Minneapolis (Tract 101600) | $216K | $232K | $111K | |
| Minneapolis (Tract 100900) | $174K | $188K | $94K | |
| Minneapolis (Tract 007801) | $199K | $211K | $85K | |
| Minneapolis (Tract 005902) | $159K | $170K | $84K |
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.