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Look up a home and see where its value may be headed over the next five years.
Lake, IL · ZIP 60064 · Census Tract 17097863201 · 2027–2030 outlook
Current modeled value
$165K
Downside (P10)
$144K
-13% by 2030
Base Case (P50)
$172K
+4% by 2030
Upside (P90)
$224K
+36% by 2030
Base case: +4% by 2030, with a forecast range from -13% to +36%. The model forecasts this with 74% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $116K | $118K | $117K | $119K | $123K | $117K | $121K | $144K | $155K | $158K | $165K | $165K | $172K | $172K |
| YoY Change | +1.5% | -0.5% | +1.6% | +3.1% | -5.2% | +3.7% | +18.9% | +7.9% | +1.5% | +4.4% | +0.3% | +4.3% | -0.2% | |
| Downside (P10) | $139K | $140K | $144K | |||||||||||
| Upside (P90) | $200K | $211K | $224K |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$139K to $200K
37.1% of median
5-Year Spread
$144K to $224K
46.8% 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 |
|---|---|---|---|---|
| Shields | $160K | $172K | +7.2% | |
| Waukegan (Tract 862501) | $162K | $186K | +14.9% | |
| Waukegan (Tract 862000) | $166K | $178K | +6.7% | |
| Waukegan (Tract 862700) | $168K | $178K | +5.9% | |
| Zion (Tract 860301) | $162K | $169K | +4.3% | |
| Zion (Tract 860500) | $166K | $171K | +3.3% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Shields | $160K | $172K | +7.2% | |
| 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 |
|---|---|---|---|---|
| Shields | $160K | $172K | $80K | |
| North Chicago (Tract 862902) | $169K | $185K | $89K | |
| Waukegan (Tract 862700) | $168K | $178K | $87K | |
| Avon | $159K | $177K | $86K | |
| Waukegan (Tract 862604) | $144K | $162K | $82K | |
| North Chicago (Tract 862901) | $128K | $132K | $61K |
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.