What is the home price forecast for Parcel 17007010501 in Belvidere · 61008 · (Tract 105.1)?

Homecastr forecasts median home values at $386,325 currently, with a 5-year expected change of 8.6%.

What is the home price forecast for Parcel 17007010501 in Belvidere · 61008 · (Tract 105.1)?

Homecastr forecasts median home values at $386,325 currently, with a 5-year expected change of 8.6%.

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Parcel 17007010501 (Belvidere) Home Price Forecast | Homecastr

Parcel 17007010501, Belvidere · 61008 · (Tract 105.1) Home Price Forecast

Boone, IL · ZIP 61008 · Census Tract 17007010501 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$386K

Downside (P10)

$336K

-13% by 2030

Base Case (P50)

$420K

+9% by 2030

Upside (P90)

$567K

+47% by 2030

Base case: +9% by 2030, with a forecast range from -13% to +47%. The model forecasts this with 70% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2020	2021	2022	2023	2024	2026	2027	2028	2029
Median Value	$311K	$328K	$361K	$371K	$371K	$386K	$404K	$413K	$420K
Growth $ vs 2026	-$75,625	-$58,025	-$25,125	-$15,825	-$15,825		+$17,288	+$26,498	+$33,412
Growth % vs 2026	-19.6%	-15.0%	-6.5%	-4.1%	-4.1%		+4.5%	+6.9%	+8.6%
Downside (P10)							$355K	$344K	$336K
Upside (P90)							$492K	$573K	$567K

Forecast Confidence

70%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. Near-term ranges are tighter, but uncertainty widens meaningfully further out.

Near-term band

$355K to $492K

33.9% of median

Long-horizon band

$336K to $567K

55.1% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +8.6% · Spread: 55%

·The base case is supported by stable local demand and a moderate medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 17007010501, Belvidere · 61008 · (Tract 105.1) on map

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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.

Methodology & Data Sources

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

U.S. Census Bureau. American Community Survey (ACS), 5-Year Estimates, Table B25077 (Median Home Value), Census Tract level.
U.S. Census Bureau. TIGER/Line Shapefiles, Census Tract and ZCTA boundaries.
Federal Reserve Bank of St. Louis (FRED). 30-Year Fixed Rate Mortgage Average (MORTGAGE30US), Unemployment Rate (UNRATE), Consumer Price Index (CPIAUCSL).