Current Price

$214,535

1 Month Forecast

â–² $215,284

1-Year Forecast *

â–² $224,442

5-Year Forecast *

â–² $253,978

"Is it a good time to buy homes in Herscher?" "Does investing in real estate in Herscher (Illinois State, Kankakee County) worth it?" According to our live Forecast System, buying a house in Herscher is a not so good short-term (1-year) investment*. The Herscher average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Herscher" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Herscher in Illinois State, Kankakee County. If you are looking for homes for sale with good flipping profit, Herscher can be a profitable property investment option. The median price of an average house in Herscher was 214,535 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Herscher" area is 253,978 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +18.39% meaning that investing 100000 USD today may yield a profit of 18,385 USD by 2031.

Current Median Listing Price: 214,535 USD Median Listing Price Per Square Foot: 119 USD

Herscher Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Herscher (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Herscher Price Target

Herscher median home price target in 12 months: $224,442* (upside of 4.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $205,100 $214,535 $205,100 $214,535
2023 $200,273 $205,223 $200,273 $206,549
2022 $184,794 $199,578 $184,794 $199,578
2021 $168,232 $182,031 $168,232 $182,031
2020 $156,791 $166,310 $156,604 $166,310
2019 $144,535 $156,665 $144,535 $156,665
2018 $145,337 $143,178 $142,754 $145,337
2017 $140,378 $145,202 $140,378 $145,350
2016 $136,672 $139,354 $136,075 $139,354
2015 $138,857 $137,488 $137,488 $140,560
2014 $142,539 $138,153 $137,218 $144,915
2013 $147,829 $141,540 $140,546 $147,829
2012 $137,127 $149,675 $136,755 $150,368

Questions & Answers about the Herscher Housing Market Forecast

How much does an average home cost in Herscher today?

The value of an average home (the listing price) in Herscher is $214,535 USD.

What is the average price per square foot in Herscher?

According to Walletinvestor the median price per square foot in Herscher is 119 USD.

Will the median listing price of homes in Herscher grow / rise / go up?

Yes. The Herscher home prices may rise from 214,535 USD to 224,442 USD in one year.

Is it profitable to invest in Herscher homes?

Yes. The long-term profit potential is +4.62% in one year.

Will Herscher house prices fall / drop?

No. See above.

What is the predicted price of a Herscher home in 2030?

The predicted home sales price of a Herscher home in 2030 in Herscher is 242,625 USD.

What is the predicted price of a Herscher home in 2035?

The predicted home sales price of a Herscher home in 2035 in Herscher is 282,176 USD.

Will real estate prices decrease in Herscher?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Herscher is the 25760. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Kankakee, Herscher remained stable, looking at the past 12 months.

According to Walletinvestor's Herscher real estate market research, home values will increase in the next 12 months.

Median home values remained unchanged to 214,535 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 4.458% in 2021
  • 5.028% in 2022
  • 6.458% in 2023
  • 3.538% in 2024
  • 4.688% in 2025
  • 3.478% in 2026

Based on our Herscher real estate market research and report the predicted sales prices will increase by 57.057% in the next 10 years.

Herscher (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Herscher Housing Market Forecast with Real Estate Prices for 2025
January 2025 215284 196124 234445
February 2025 216162 203625 228700
March 2025 217044 202285 231803
April 2025 217929 197444 238414
May 2025 218818 204594 233041
June 2025 219028 204353 233703
July 2025 219921 207386 232457
August 2025 220818 209115 232521
September 2025 221719 200434 243004
October 2025 222623 207262 237984
November 2025 223531 208778 238284
December 2025 224442 202896 245989
Herscher Housing Market Forecast with Real Estate Prices for 2026
January 2026 225358 213414 237301
February 2026 226277 207043 245510
March 2026 227199 205843 248556
April 2026 226735 210864 242607
May 2026 226272 211338 241206
June 2026 225810 214068 237552
July 2026 226572 208220 244925
August 2026 226955 215380 238530
September 2026 227738 205875 249600
October 2026 228531 206821 250241
November 2026 229144 217229 241060
December 2026 229647 211964 247330
Herscher Housing Market Forecast with Real Estate Prices for 2027
January 2027 230584 210754 250414
February 2027 231524 218327 244721
March 2027 232402 212415 252388
April 2027 233060 220475 245645
May 2027 234010 216459 251561
June 2027 234965 213818 256111
July 2027 234994 219954 250033
August 2027 234513 219505 249522
September 2027 234034 211567 256502
October 2027 233894 216352 251436
November 2027 234848 219583 250113
December 2027 235806 214583 257028
Herscher Housing Market Forecast with Real Estate Prices for 2028
January 2028 236767 219720 253815
February 2028 236858 219330 254385
March 2028 236374 216282 256466
April 2028 235891 218435 253347
May 2028 235949 217545 254353
June 2028 236911 223407 250415
July 2028 237877 221464 254291
August 2028 238847 220695 257000
September 2028 239821 222314 257328
October 2028 240659 225256 256061
November 2028 241640 226658 256622
December 2028 242625 226612 258639
Herscher Housing Market Forecast with Real Estate Prices for 2029
January 2029 243615 228024 259206
February 2029 244608 224061 265155
March 2029 244843 222318 267369
April 2029 245842 222733 268951
May 2029 246845 223888 269801
June 2029 247851 231493 264209
July 2029 248862 228455 269269
August 2029 249877 230137 269617
September 2029 250896 230072 271720
October 2029 251919 236552 267286
November 2029 252946 235240 270653
December 2029 253978 236961 270995
Herscher Housing Market Forecast with Real Estate Prices for 2030
January 2030 253459 230901 276017
February 2030 252941 234730 271153
March 2030 252425 231978 272871
April 2030 253277 234028 272526
May 2030 253705 237214 270196
June 2030 254580 229376 279783
July 2030 255467 239117 271816
August 2030 256152 234635 277669
September 2030 256714 235921 277508
October 2030 257761 244358 271165
November 2030 258813 244837 272788
December 2030 259793 237711 281876
Herscher Housing Market Forecast with Real Estate Prices for 2031
January 2031 260529 244376 276682
February 2031 261592 245111 278072
March 2031 262658 247162 278155
April 2031 262691 238261 287121
May 2031 262154 239085 285224
June 2031 261619 241212 282025
July 2031 261462 242375 280549
August 2031 262528 241788 283268
September 2031 263599 245147 282051
October 2031 264674 250381 278966
November 2031 264775 242004 287545
December 2031 264234 248908 279559

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.