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Shelby, IL · ZIP 62565 · Census Tract 17173959200 · 2027–2030 outlook
Current modeled value
$157K
Downside (P10)
$138K
-12% by 2030
Base Case (P50)
$175K
+11% by 2030
Upside (P90)
$225K
+43% by 2030
Base case: +11% by 2030, with a forecast range from -12% to +43%. The model forecasts this with 73% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $89K | $95K | $85K | $86K | $95K | $105K | $124K | $165K | $171K | $148K | $157K | $159K | $165K | $175K |
| YoY Change | +6.8% | -10.0% | +0.7% | +10.3% | +10.6% | +18.8% | +32.4% | +4.1% | -13.4% | +5.7% | +1.2% | +3.7% | +6.2% | |
| Downside (P10) | $134K | $134K | $138K | |||||||||||
| Upside (P90) | $185K | $205K | $225K |
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
$134K to $185K
31.8% of median
5-Year Spread
$138K to $225K
49.8% 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 |
|---|---|---|---|---|
| Ridge area | $148K | $175K | +18.0% | |
| Richland area | $157K | $163K | +3.9% | |
| Cold Spring area | $164K | $192K | +17.4% | |
| Prairie area | $145K | $165K | +14.0% | |
| Shelbyville | $124K | $133K | +7.3% | |
| Pickaway area | $122K | $129K | +5.5% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Ridge area | $148K | $175K | +18.0% | |
| Cold Spring area | $164K | $192K | +17.4% | |
| Prairie area | $145K | $165K | +14.0% | |
| Shelbyville | $124K | $133K | +7.3% | |
| Pickaway area | $122K | $129K | +5.5% | |
| Richland area | $157K | $163K | +3.9% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Ridge area | $148K | $175K | $87K | |
| Shelbyville | $124K | $133K | $70K | |
| Prairie area | $145K | $165K | $86K | |
| Richland area | $157K | $163K | $88K | |
| Pickaway area | $122K | $129K | $106K | |
| Cold Spring area | $164K | $192K | $129K |
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.