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Elkhart, IN · ZIP 46550 · Census Tract 18039001200 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$215K
Downside (P10)
$199K
-7% by 2030
Base Case (P50)
$241K
+12% by 2030
Upside (P90)
$290K
+35% by 2030
Base case: +12% by 2030, with a forecast range from -7% to +35%. The model forecasts this with 79% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $127K | $122K | $126K | $119K | $126K | $133K | $140K | $161K | $174K | $209K | $215K | $222K | $229K | $241K | |
| Growth $ vs 2026 | -$88,221 | -$93,121 | -$89,421 | -$96,721 | -$89,921 | -$82,021 | -$75,021 | -$54,721 | -$41,421 | -$6,821 | +$7,013 | +$13,435 | +$25,443 | ||
| Growth % vs 2026 | -41.0% | -43.2% | -41.5% | -44.9% | -41.7% | -38.1% | -34.8% | -25.4% | -19.2% | -3.2% | +3.3% | +6.2% | +11.8% | ||
| Downside (P10) | $194K | $195K | $199K | ||||||||||||
| Upside (P90) | $256K | $273K | $290K |
The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.
Near-term band
$194K to $256K
28.1% of median
Long-horizon band
$199K to $290K
37.7% 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 |
|---|---|---|---|---|
| Nappanee | $212K | $241K | +13.4% | |
| Elkhart (Tract 000202) | $203K | $235K | +15.9% | |
| Elkhart (Tract 000301) | $204K | $224K | +9.5% | |
| Osolo (Tract 001602) | $205K | $222K | +8.3% | |
| Washington | $223K | $232K | +4.3% | |
| Osolo (Tract 001801) | $211K | $217K | +2.6% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Nappanee | $212K | $241K | +13.4% | |
| Cleveland | $191K | $224K | +17.3% | |
| Middlebury | $355K | $413K | +16.2% | |
| Elkhart | $203K | $235K | +15.9% | |
| Concord (Tract 002101) | $201K | $231K | +14.5% | |
| Concord (Tract 002201) | $166K | $190K | +14.3% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Nappanee | $212K | $241K | $91K | |
| Elkhart (Tract 002400) | $139K | $149K | $77K | |
| Concord (Tract 001901) | $151K | $159K | $74K | |
| Concord (Tract 002102) | $110K | $113K | $71K | |
| Elkhart (Tract 002300) | $88K | $96K | $67K | |
| Osolo | $133K | $142K | $60K |
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
Elkhart, IN · ZIP 46550 · Census Tract 18039001200 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$215K
Downside (P10)
$199K
-7% by 2030
Base Case (P50)
$241K
+12% by 2030
Upside (P90)
$290K
+35% by 2030
Base case: +12% by 2030, with a forecast range from -7% to +35%. The model forecasts this with 79% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $127K | $122K | $126K | $119K | $126K | $133K | $140K | $161K | $174K | $209K | $215K | $222K | $229K | $241K | |
| Growth $ vs 2026 | -$88,221 | -$93,121 | -$89,421 | -$96,721 | -$89,921 | -$82,021 | -$75,021 | -$54,721 | -$41,421 | -$6,821 | +$7,013 | +$13,435 | +$25,443 | ||
| Growth % vs 2026 | -41.0% | -43.2% | -41.5% | -44.9% | -41.7% | -38.1% | -34.8% | -25.4% | -19.2% | -3.2% | +3.3% | +6.2% | +11.8% | ||
| Downside (P10) | $194K | $195K | $199K | ||||||||||||
| Upside (P90) | $256K | $273K | $290K |
The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.
Near-term band
$194K to $256K
28.1% of median
Long-horizon band
$199K to $290K
37.7% 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 |
|---|---|---|---|---|
| Nappanee | $212K | $241K | +13.4% | |
| Elkhart (Tract 000202) | $203K | $235K | +15.9% | |
| Elkhart (Tract 000301) | $204K | $224K | +9.5% | |
| Osolo (Tract 001602) | $205K | $222K | +8.3% | |
| Washington | $223K | $232K | +4.3% | |
| Osolo (Tract 001801) | $211K | $217K | +2.6% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Nappanee | $212K | $241K | +13.4% | |
| Cleveland | $191K | $224K | +17.3% | |
| Middlebury | $355K | $413K | +16.2% | |
| Elkhart | $203K | $235K | +15.9% | |
| Concord (Tract 002101) | $201K | $231K | +14.5% | |
| Concord (Tract 002201) | $166K | $190K | +14.3% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Nappanee | $212K | $241K | $91K | |
| Elkhart (Tract 002400) | $139K | $149K | $77K | |
| Concord (Tract 001901) | $151K | $159K | $74K | |
| Concord (Tract 002102) | $110K | $113K | $71K | |
| Elkhart (Tract 002300) | $88K | $96K | $67K | |
| Osolo | $133K | $142K | $60K |
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.
Deep dive into property-level home price forecasts for parcels in this area.
