Loading forecast data...
Loading forecast data...
Peoria, IL · ZIP 61615 · Census Tract 17143003402 · 2027–2030 outlook
Current modeled value
$260K
Downside (P10)
$218K
-16% by 2030
Base Case (P50)
$288K
+11% by 2030
Upside (P90)
$384K
+47% by 2030
Base case: +11% by 2030, with a forecast range from -16% to +47%. The model forecasts this with 68% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $230K | $227K | $229K | $235K | $226K | $213K | $212K | $232K | $237K | $260K | $260K | $264K | $279K | $288K | $271K |
| YoY Change | -1.3% | +0.7% | +2.7% | -4.0% | -5.8% | -0.1% | +9.4% | +2.0% | +9.8% | -0.1% | +1.4% | +5.9% | +2.9% | -5.8% | |
| Downside (P10) | $218K | $220K | $218K | $244K | |||||||||||
| Upside (P90) | $357K | $382K | $384K | $304K |
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
$218K to $357K
52.6% of median
5-Year Spread
$244K to $304K
22.3% 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 |
|---|---|---|---|---|
| Medina | $264K | $288K | +8.9% | |
| Hallock area | $268K | $282K | +5.4% | |
| Peoria (Tract 003300) | $269K | $295K | +9.6% | |
| Peoria (Tract 001200) | $229K | $252K | +10.1% | |
| Peoria (Tract 003104) | $225K | $245K | +8.7% | |
| Peoria (Tract 003403) | $221K | $238K | +7.5% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Medina | $264K | $288K | +8.9% | |
| Peoria Heights (Tract 004200) | $138K | $160K | +15.8% | |
| Peoria (Tract 003200) | $181K | $210K | +15.7% | |
| Peoria (Tract 002200) | $102K | $117K | +14.4% | |
| Peoria Heights (Tract 004300) | $102K | $114K | +12.2% | |
| Peoria (Tract 002900) | $168K | $188K | +12.0% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Medina | $264K | $288K | $166K | |
| Peoria (Tract 001500) | $50K | $51K | $31K | |
| Peoria (Tract 001300) | $62K | $65K | $32K |
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.