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Chicago, IL · ZIP 60618 · Census Tract 17031160900 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$506K
Downside (P10)
$387K
-23% by 2030
Base Case (P50)
$536K
+6% by 2030
Upside (P90)
$705K
+39% by 2030
Base case: +6% by 2030, with a forecast range from -23% to +39%. The model forecasts this with 67% confidence.
| Year | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Median Value | $506K | $524K | $532K | $536K | $499K |
| YoY Change | +3.6% | +1.5% | +0.7% | -6.9% | |
| Downside (P10) | $425K | $396K | $387K | $441K | |
| Upside (P90) | $633K | $670K | $705K | $563K |
The forecast range is very tight for this market, indicating strong model confidence. Near-term outcomes are constrained and remain highly predictable through the full horizon.
1-Year Spread
$425K to $633K
39.6% of median
5-Year Spread
$441K to $563K
24.4% 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 |
|---|---|---|---|---|
| North Center · 60618 · (Tract 1609) | $493K | $536K | +8.7% | |
| Lincoln Square (Tract 040300) | $507K | $572K | +12.8% | |
| Beverly | $507K | $566K | +11.7% | |
| Lincoln Square (Tract 140800) | $503K | $561K | +11.5% | |
| Logan Square | $502K | $523K | +4.2% | |
| Arlington Heights | $502K | $515K | +2.5% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| North Center · 60618 · (Tract 1609) | $493K | $536K | +8.7% | |
| South Loop | $389K | $482K | +23.7% | |
| Portage Park | $271K | $329K | +21.6% | |
| Belmont Cragin | $335K | $406K | +21.3% | |
| Palatine | $153K | $185K | +20.8% | |
| Pilsen | $387K | $465K | +20.0% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| North Center · 60618 · (Tract 1609) | $493K | $536K | $317K | |
| Back of the Yards | $123K | $134K | $45K | |
| Lafayette | $68K | $73K | $43K | |
| Taylorville | $76K | $80K | $40K | |
| Champaign | $88K | $89K | $39K |
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.