Montgomery, IL · ZIP 62049 · Census Tract 17135957900 · 2027–2030 outlook
Current modeled value
$117K
Downside (P10)
$98K
-16% by 2030
Base Case (P50)
$123K
+5% by 2030
Upside (P90)
$171K
+46% by 2030
Base case: +5% by 2030, with a forecast range from -16% to +46%. Uncertainty is narrow relative to similar Montgomery markets.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $83K | $86K | $79K | $79K | $81K | $87K | $92K | $105K | $98K | $116K | $117K | $117K | $123K | $123K |
| YoY Change | +4.0% | -9.1% | +0.6% | +2.9% | +7.3% | +5.6% | +14.1% | -7.1% | +18.3% | +1.5% | +0.1% | +4.7% | +0.1% | |
| Downside (P10) | $100K | $101K | $98K | |||||||||||
| Upside (P90) | $145K | $152K | $171K |
The forecast range is narrow for this market. Near-term outcomes are relatively tight, though uncertainty widens modestly by 2030.
1-Year Spread
$100K to $145K
38.5% of median
5-Year Spread
$98K to $171K
59.0% 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 |
|---|---|---|---|---|
| East Fork area · Hillsboro · (Tract 9579) | $118K | $123K | +4.6% | |
| North Litchfield | $113K | $125K | +10.7% | |
| Pitman area | $122K | $138K | +12.9% | |
| South Litchfield | $93K | $102K | +9.2% | |
| Audubon area | $93K | $107K | +14.3% | |
| East Fork area | $92K | $104K | +12.9% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| East Fork area · Hillsboro · (Tract 9579) | $118K | $123K | +4.6% | |
| Audubon area | $93K | $107K | +14.3% | |
| Pitman area | $122K | $138K | +12.9% | |
| East Fork area | $92K | $104K | +12.9% | |
| Irving area | $88K | $98K | +11.4% | |
| North Litchfield | $113K | $125K | +10.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| East Fork area · Hillsboro · (Tract 9579) | $118K | $123K | $73K | |
| Audubon area | $93K | $107K | $53K | |
| South Litchfield | $93K | $102K | $58K | |
| East Fork area | $92K | $104K | $60K | |
| Irving area | $88K | $98K | $63K | |
| North Litchfield | $113K | $125K | $68K |
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.