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Look up a home and see where its value may be headed over the next five years.
Chicago, IL · ZIP 60629 · Census Tract 17031650400 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$264K
Downside (P10)
$222K
-16% by 2030
Base Case (P50)
$282K
+7% by 2030
Upside (P90)
$407K
+54% by 2030
Base case: +7% by 2030, with a forecast range from -16% to +54%. The model forecasts this with 64% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $150K | $157K | $160K | $166K | $173K | $180K | $190K | $235K | $242K | $261K | $264K | $262K | $276K | $282K | $274K |
| YoY Change | +4.6% | +1.7% | +4.2% | +3.9% | +4.2% | +5.6% | +23.7% | +3.1% | +7.9% | +1.0% | -0.7% | +5.1% | +2.5% | -2.8% | |
| Downside (P10) | $218K | $224K | $222K | $243K | |||||||||||
| Upside (P90) | $319K | $357K | $407K | $307K |
The forecast range is very tight for this market, indicating strong model confidence. Near-term outcomes are constrained and remain highly predictable through the full horizon.
1-Year Spread
$218K to $319K
38.5% of median
5-Year Spread
$243K to $307K
23.3% 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 |
|---|---|---|---|---|
| Chicago | $266K | $282K | +6.1% | |
| Cicero | $264K | $295K | +11.9% | |
| Chicago (Tract 650100) | $264K | $288K | +9.2% | |
| Hanover | $264K | $287K | +8.6% | |
| Chicago (Tract 670100) | $264K | $279K | +6.0% | |
| Chicago (Tract 660900) | $264K | $278K | +5.3% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Chicago | $266K | $282K | +6.1% | |
| Chicago (Tract 330102) | $389K | $482K | +23.7% | |
| Chicago (Tract 170100) | $271K | $329K | +21.6% | |
| Chicago (Tract 200401) | $335K | $406K | +21.3% | |
| Chicago (Tract 835100) | $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.