Loading forecast data...
Loading forecast data...
Chicago, IL · ZIP 60608 · Census Tract 17031839700 · 2027–2030 outlook
Current modeled value
$406K
Downside (P10)
$334K
-18% by 2030
Base Case (P50)
$433K
+7% by 2030
Upside (P90)
$617K
+52% by 2030
Base case: +7% by 2030, with a forecast range from -18% to +52%. The model forecasts this with 64% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $269K | $264K | $274K | $284K | $307K | $324K | $341K | $352K | $355K | $401K | $406K | $422K | $426K | $433K |
| YoY Change | -1.7% | +3.8% | +3.7% | +8.0% | +5.7% | +5.2% | +3.2% | +0.9% | +12.8% | +1.3% | +4.0% | +0.9% | +1.7% | |
| Downside (P10) | $334K | $328K | $334K | |||||||||||
| Upside (P90) | $514K | $545K | $617K |
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
$334K to $514K
42.7% of median
5-Year Spread
$334K to $617K
65.3% 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 |
|---|---|---|---|---|
| Pilsen · 60608 · (Tract 8397) | $405K | $433K | +6.9% | |
| Hyde Park | $406K | $455K | +12.1% | |
| Lincoln Square | $406K | $454K | +11.8% | |
| Morton Grove | $405K | $480K | +18.6% | |
| Woodlawn | $405K | $434K | +7.1% | |
| Portage Park | $405K | $446K | +10.2% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Pilsen · 60608 · (Tract 8397) | $405K | $433K | +6.9% | |
| South Loop | $389K | $482K | +23.7% | |
| Portage Park | $271K | $329K | +21.6% | |
| Belmont Cragin | $335K | $406K | +21.3% | |
| Chicago Lawn | $179K | $217K | +21.3% | |
| Palatine | $153K | $185K | +20.8% |
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.