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Madison, IL · ZIP 62040 · Census Tract 17119400802 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$107K
Downside (P10)
$92K
-14% by 2030
Base Case (P50)
$108K
+1% by 2030
Upside (P90)
$153K
+44% by 2030
Base case: +1% by 2030, with a forecast range from -14% to +44%. The model forecasts this with 69% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $77K | $78K | $79K | $78K | $80K | $77K | $79K | $92K | $101K | $107K | $107K | $109K | $108K | $108K | |
| Growth $ vs 2026 | -$29,575 | -$28,975 | -$28,175 | -$28,575 | -$26,675 | -$29,475 | -$27,375 | -$14,675 | -$5,375 | +$525 | +$2,100 | +$1,594 | +$1,566 | ||
| Growth % vs 2026 | -27.7% | -27.1% | -26.4% | -26.8% | -25.0% | -27.6% | -25.6% | -13.7% | -5.0% | +0.5% | +2.0% | +1.5% | +1.5% | ||
| Downside (P10) | $94K | $95K | $92K | ||||||||||||
| Upside (P90) | $127K | $129K | $153K |
The predictive band is moderate for this surface over the shown horizon. Near-term ranges are tighter, but uncertainty widens meaningfully further out.
Near-term band
$94K to $127K
30.4% of median
Long-horizon band
$92K to $153K
56.6% 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 |
|---|---|---|---|---|
| Granite City · 62040 · (Tract 4008.2) | $107K | $108K | +1.3% | |
| Alton (Tract 402100) | $101K | $112K | +10.8% | |
| Chouteau | $109K | $121K | +10.7% | |
| Alton (Tract 402400) | $113K | $123K | +8.6% | |
| Wood River (Tract 401200) | $108K | $117K | +8.3% | |
| Wood River (Tract 401102) | $105K | $110K | +5.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Granite City · 62040 · (Tract 4008.2) | $107K | $108K | +1.3% | |
| Nameoki | $147K | $171K | +16.3% | |
| Collinsville | $175K | $203K | +15.9% | |
| Wood River | $89K | $103K | +15.7% | |
| Edwardsville | $360K | $413K | +14.7% | |
| Venice | $54K | $62K | +14.5% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Granite City · 62040 · (Tract 4008.2) | $107K | $108K | $61K | |
| Granite City (Tract 400200) | $62K | $68K | $34K | |
| Alton | $69K | $73K | $33K | |
| Venice | $54K | $62K | $32K | |
| Granite City (Tract 400102) | $75K | $81K | $31K |
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
Worldcastr World Model (Schrödinger Bridge v12)
Forecast Horizon
2027 to 2030
Schema Version
forecast_queue
Citation
Hardesty Lewis, D. (2026). Worldcastr Home Price Forecast. Retrieved from homecastr.com.
Data Sources
Madison, IL · ZIP 62040 · Census Tract 17119400802 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$107K
Downside (P10)
$92K
-14% by 2030
Base Case (P50)
$108K
+1% by 2030
Upside (P90)
$153K
+44% by 2030
Base case: +1% by 2030, with a forecast range from -14% to +44%. The model forecasts this with 69% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $77K | $78K | $79K | $78K | $80K | $77K | $79K | $92K | $101K | $107K | $107K | $109K | $108K | $108K | |
| Growth $ vs 2026 | -$29,575 | -$28,975 | -$28,175 | -$28,575 | -$26,675 | -$29,475 | -$27,375 | -$14,675 | -$5,375 | +$525 | +$2,100 | +$1,594 | +$1,566 | ||
| Growth % vs 2026 | -27.7% | -27.1% | -26.4% | -26.8% | -25.0% | -27.6% | -25.6% | -13.7% | -5.0% | +0.5% | +2.0% | +1.5% | +1.5% | ||
| Downside (P10) | $94K | $95K | $92K | ||||||||||||
| Upside (P90) | $127K | $129K | $153K |
The predictive band is moderate for this surface over the shown horizon. Near-term ranges are tighter, but uncertainty widens meaningfully further out.
Near-term band
$94K to $127K
30.4% of median
Long-horizon band
$92K to $153K
56.6% 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 |
|---|---|---|---|---|
| Granite City · 62040 · (Tract 4008.2) | $107K | $108K | +1.3% | |
| Alton (Tract 402100) | $101K | $112K | +10.8% | |
| Chouteau | $109K | $121K | +10.7% | |
| Alton (Tract 402400) | $113K | $123K | +8.6% | |
| Wood River (Tract 401200) | $108K | $117K | +8.3% | |
| Wood River (Tract 401102) | $105K | $110K | +5.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Granite City · 62040 · (Tract 4008.2) | $107K | $108K | +1.3% | |
| Nameoki | $147K | $171K | +16.3% | |
| Collinsville | $175K | $203K | +15.9% | |
| Wood River | $89K | $103K | +15.7% | |
| Edwardsville | $360K | $413K | +14.7% | |
| Venice | $54K | $62K | +14.5% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Granite City · 62040 · (Tract 4008.2) | $107K | $108K | $61K | |
| Granite City (Tract 400200) | $62K | $68K | $34K | |
| Alton | $69K | $73K | $33K | |
| Venice | $54K | $62K | $32K | |
| Granite City (Tract 400102) | $75K | $81K | $31K |
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
Worldcastr World Model (Schrödinger Bridge v12)
Forecast Horizon
2027 to 2030
Schema Version
forecast_queue
Citation
Hardesty Lewis, D. (2026). Worldcastr Home Price Forecast. Retrieved from homecastr.com.
Data Sources
Deep dive into property-level home price forecasts for parcels in this area.
Deep dive into property-level home price forecasts for parcels in this area.
