What is the home price forecast for Parcel 17007010102 in Belvidere?

Homecastr forecasts median home values at $154,701 currently, with a 5-year expected change of 9.1%.

What is the home price forecast for Parcel 17007010102 in Belvidere?

Homecastr forecasts median home values at $154,701 currently, with a 5-year expected change of 9.1%.

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Parcel 17007010102 (Belvidere) Home Price Forecast | Homecastr

Parcel 17007010102, Belvidere Home Price Forecast

Boone, IL · ZIP 61008 · Census Tract 17007010102 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$155K

Downside (P10)

$121K

-22% by 2030

Base Case (P50)

$169K

+9% by 2030

Upside (P90)

$229K

+48% by 2030

Base case: +9% by 2030, with a forecast range from -22% to +48%. The model forecasts this with 65% 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	$116K	$130K	$138K	$152K	$151K	$155K	$158K	$161K	$169K
Growth $ vs 2026	-$39,101	-$24,701	-$17,201	-$2,401	-$3,901		+$3,486	+$6,413	+$14,033
Growth % vs 2026	-25.3%	-16.0%	-11.1%	-1.6%	-2.5%		+2.3%	+4.1%	+9.1%
Downside (P10)							$132K	$122K	$121K
Upside (P90)							$188K	$206K	$229K

Forecast Confidence

65%

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

$132K to $188K

35.3% of median

Long-horizon band

$121K to $229K

64.1% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +9.1% · Spread: 64%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·The base case is supported by stable local demand and a moderate medium-term appreciation path.

Location

Parcel 17007010102, Belvidere 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).