Chicago, IL · ZIP 60056 · Census Tract 17031805111 · 2027–2030 outlook
Current modeled value
$333K
Downside (P10)
$292K
-12% by 2030
Base Case (P50)
$374K
+12% by 2030
Upside (P90)
$556K
+67% by 2030
Base case: +12% by 2030, with a forecast range from -12% to +67%. Uncertainty is typical relative to similar Chicago markets.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $213K | $224K | $233K | $254K | $219K | $217K | $227K | $282K | $282K | $330K | $333K | $353K | $361K | $374K | $349K |
| YoY Change | +5.0% | +4.0% | +9.3% | -14.0% | -0.8% | +4.7% | +23.9% | +0.1% | +17.0% | +0.9% | +6.1% | +2.2% | +3.6% | -6.7% | |
| Downside (P10) | $305K | $303K | $292K | $309K | |||||||||||
| Upside (P90) | $449K | $503K | $556K | $391K |
The forecast range is narrow for this market. Near-term outcomes are relatively tight and remain tight through the full horizon.
1-Year Spread
$305K to $449K
40.9% of median
5-Year Spread
$309K to $391K
23.7% of median
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