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Lake, IL · ZIP 60046 · Census Tract 17097861012 · 2027–2030 outlook
Current modeled value
$294K
Downside (P10)
$243K
-17% by 2030
Base Case (P50)
$298K
+1% by 2030
Upside (P90)
$405K
+38% by 2030
Base case: +1% by 2030, with a forecast range from -17% to +38%. The model forecasts this with 70% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $217K | $212K | $210K | $218K | $230K | $261K | $261K | $285K | $275K | $283K | $294K | $293K | $299K | $298K | $294K |
| YoY Change | -2.1% | -0.7% | +3.6% | +5.7% | +13.5% | -0.3% | +9.4% | -3.7% | +3.2% | +3.7% | -0.4% | +2.3% | -0.4% | -1.3% | |
| Downside (P10) | $253K | $244K | $243K | $262K | |||||||||||
| Upside (P90) | $361K | $372K | $405K | $333K |
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
$253K to $361K
36.9% of median
5-Year Spread
$262K to $333K
24.2% 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 |
|---|---|---|---|---|
| Lake Villa · 60046 · (Tract 8610.12) | $289K | $298K | +3.2% | |
| Avon | $295K | $320K | +8.5% | |
| Lake Villa (Tract 861011) | $292K | $316K | +8.2% | |
| Antioch | $291K | $302K | +3.8% | |
| Lake Villa (Tract 861010) | $291K | $321K | +10.4% | |
| Lake Villa (Tract 861013) | $290K | $324K | +12.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Lake Villa · 60046 · (Tract 8610.12) | $289K | $298K | +3.2% | |
| Round Lake Beach | $186K | $221K | +18.6% | |
| Waukegan | $154K | $183K | +18.6% | |
| Fremont | $249K | $290K | +16.4% | |
| Avon | $341K | $397K | +16.3% | |
| Grant | $288K | $334K | +16.0% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Lake Villa · 60046 · (Tract 8610.12) | $289K | $298K | $162K | |
| North Chicago | $128K | $132K | $61K | |
| Shields | $160K | $172K | $80K | |
| Waukegan (Tract 862604) | $144K | $162K | $82K | |
| Avon | $159K | $177K | $86K | |
| Waukegan (Tract 862700) | $168K | $178K | $87K |
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.