Loading forecast data...
Loading forecast data...
Lake, IN · ZIP 46303 · Census Tract 18089042904 · 2027–2030 outlook
Current modeled value
$424K
Downside (P10)
$394K
-7% by 2030
Base Case (P50)
$466K
+10% by 2030
Upside (P90)
$671K
+58% by 2030
Base case: +10% by 2030, with a forecast range from -7% to +58%. The model forecasts this with 67% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $293K | $315K | $368K | $387K | $412K | $424K | $445K | $457K | $466K | $432K |
| YoY Change | +7.2% | +16.8% | +5.3% | +6.3% | +3.1% | +4.9% | +2.6% | +2.0% | -7.2% | |
| Downside (P10) | $395K | $397K | $394K | $388K | ||||||
| Upside (P90) | $520K | $623K | $671K | $482K |
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
$395K to $520K
28.2% of median
5-Year Spread
$388K to $482K
21.7% 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 |
|---|---|---|---|---|
| Hanover · Cedar Lake · (Tract 429.4) | $417K | $466K | +11.7% | |
| Center (Tract 043103) | $457K | $499K | +9.1% | |
| Center (Tract 043204) | $445K | $484K | +8.8% | |
| St. John (Tract 042612) | $403K | $436K | +8.3% | |
| St. John (Tract 042608) | $407K | $420K | +3.2% | |
| St. John (Tract 042610) | $433K | $443K | +2.4% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Hanover · Cedar Lake · (Tract 429.4) | $417K | $466K | +11.7% | |
| Gary (Tract 010302) | $111K | $133K | +19.5% | |
| Hammond (Tract 021600) | $161K | $192K | +18.9% | |
| Cedar Creek | $371K | $440K | +18.6% | |
| Hammond (Tract 020500) | $105K | $124K | +17.6% | |
| Gary (Tract 010206) | $100K | $116K | +16.3% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Hanover · Cedar Lake · (Tract 429.4) | $417K | $466K | $277K | |
| Gary (Tract 012400) | $70K | $76K | $38K | |
| Gary (Tract 012100) | $65K | $72K | $37K | |
| Gary (Tract 041100) | $58K | $65K | $35K | |
| Gary (Tract 012000) | $58K | $60K | $30K | |
| Gary (Tract 011900) | $53K | $59K | $27K |
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.