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Lake, IN · ZIP 46307 · Census Tract 18089042507 · 2027–2030 outlook
Current modeled value
$293K
Downside (P10)
$245K
-16% by 2030
Base Case (P50)
$314K
+7% by 2030
Upside (P90)
$377K
+29% by 2030
Base case: +7% by 2030, with a forecast range from -16% to +29%. The model forecasts this with 77% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $197K | $208K | $242K | $270K | $284K | $293K | $300K | $303K | $314K | $294K |
| YoY Change | +5.5% | +16.4% | +11.5% | +5.3% | +3.3% | +2.3% | +1.1% | +3.6% | -6.3% | |
| Downside (P10) | $256K | $245K | $245K | $262K | ||||||
| Upside (P90) | $338K | $374K | $377K | $336K |
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
$256K to $338K
27.3% of median
5-Year Spread
$262K to $336K
25.0% 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 |
|---|---|---|---|---|
| Ross | $290K | $314K | +8.5% | |
| Schererville (Tract 042703) | $293K | $307K | +4.8% | |
| Schererville (Tract 042606) | $292K | $326K | +11.8% | |
| West Creek | $291K | $306K | +5.1% | |
| Dyer | $296K | $322K | +8.8% | |
| Hanover | $296K | $305K | +3.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Ross | $290K | $314K | +8.5% | |
| 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 |
|---|---|---|---|---|
| Ross | $290K | $314K | $132K | |
| Gary (Tract 011900) | $53K | $59K | $27K | |
| Gary (Tract 012000) | $58K | $60K | $30K | |
| Gary (Tract 041100) | $58K | $65K | $35K | |
| Gary (Tract 012100) | $65K | $72K | $37K | |
| Gary (Tract 012400) | $70K | $76K | $38K |
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.