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Sangamon, IL · ZIP 62704 · Census Tract 17167001004 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$173K
Downside (P10)
$139K
-20% by 2030
Base Case (P50)
$181K
+5% by 2030
Upside (P90)
$264K
+52% by 2030
Base case: +5% by 2030, with a forecast range from -20% to +52%. The model forecasts this with 62% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $132K | $135K | $136K | $137K | $139K | $142K | $142K | $159K | $171K | $170K | $173K | $177K | $183K | $181K |
| YoY Change | +2.0% | +1.3% | +0.6% | +1.1% | +2.2% | +0.4% | +11.6% | +7.6% | -0.3% | +1.9% | +2.4% | +3.3% | -1.1% | |
| Downside (P10) | $154K | $143K | $139K | |||||||||||
| Upside (P90) | $209K | $227K | $264K |
The forecast range is moderate for this market over this horizon. Near-term outcomes are fairly tight, but the confidence interval widens meaningfully by 2030.
1-Year Spread
$154K to $209K
30.9% of median
5-Year Spread
$139K to $264K
68.5% 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 |
|---|---|---|---|---|
| Springfield · 62704 · (Tract 10.4) | $171K | $181K | +6.0% | |
| Woodside area | $186K | $213K | +14.4% | |
| Springfield area | $171K | $194K | +13.3% | |
| Springfield | $178K | $197K | +10.8% | |
| Lanesville area | $160K | $173K | +8.2% | |
| Pawnee area | $164K | $177K | +7.6% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Springfield · 62704 · (Tract 10.4) | $171K | $181K | +6.0% | |
| Springfield (Tract 001600) | $65K | $76K | +17.1% | |
| Gardner | $304K | $354K | +16.6% | |
| Williams | $281K | $325K | +15.8% | |
| Springfield (Tract 001200) | $146K | $168K | +15.0% | |
| Woodside area | $186K | $213K | +14.4% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Springfield · 62704 · (Tract 10.4) | $171K | $181K | $124K | |
| Springfield (Tract 001600) | $65K | $76K | $40K | |
| Springfield area | $73K | $79K | $38K | |
| Springfield (Tract 002300) | $57K | $62K | $29K |
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.