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Look up a home and see where its value may be headed over the next five years.
Peoria, IL · ZIP 61559 · Census Tract 17143003800 · 2027–2030 outlook
Current modeled value
$166K
Downside (P10)
$139K
-16% by 2030
Base Case (P50)
$174K
+5% by 2030
Upside (P90)
$273K
+64% by 2030
Base case: +5% by 2030, with a forecast range from -16% to +64%. The model forecasts this with 58% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $128K | $133K | $145K | $150K | $146K | $122K | $124K | $150K | $151K | $160K | $166K | $169K | $176K | $174K |
| YoY Change | +3.7% | +8.9% | +3.6% | -3.1% | -16.3% | +1.3% | +21.7% | +0.4% | +5.9% | +3.8% | +1.8% | +4.3% | -1.2% | |
| Downside (P10) | $142K | $145K | $139K | |||||||||||
| Upside (P90) | $205K | $245K | $273K |
The forecast range is wider than average for this market, indicating lower confidence. Short-term confidence is moderate but expands significantly by 2030 — outcomes could vary meaningfully.
1-Year Spread
$142K to $205K
37.3% of median
5-Year Spread
$139K to $273K
76.5% 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 |
|---|---|---|---|---|
| Princeville area | $164K | $174K | +6.4% | |
| Peoria (Tract 002900) | $168K | $188K | +12.0% | |
| Kickapoo area | $162K | $176K | +8.9% | |
| Peoria (Tract 000900) | $161K | $171K | +6.0% | |
| Chillicothe | $170K | $179K | +5.4% | |
| Peoria (Tract 002300) | $163K | $169K | +3.6% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Princeville area | $164K | $174K | +6.4% | |
| Peoria Heights (Tract 004200) | $138K | $160K | +15.8% | |
| Peoria (Tract 003200) | $181K | $210K | +15.7% | |
| Peoria (Tract 002200) | $102K | $117K | +14.4% | |
| Peoria Heights (Tract 004300) | $102K | $114K | +12.2% | |
| Peoria (Tract 002900) | $168K | $188K | +12.0% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Princeville area | $164K | $174K | $133K | |
| Peoria (Tract 001300) | $62K | $65K | $32K | |
| Peoria (Tract 001500) | $50K | $51K | $31K |
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.