Current Price

$189,927

1 Month Forecast

â–² $213,280

1-Year Forecast *

â–² $221,457

5-Year Forecast *

â–² $278,671

"Is it a good time to buy homes in North Chicago?" "Does investing in real estate in North Chicago (Illinois State, Lake County) worth it?" According to our live Forecast System, buying a house in North Chicago is a good short-term (1-year) investment*. The North Chicago average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "North Chicago" 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 North Chicago in Illinois State, Lake County. If you are looking for homes for sale with good flipping profit, North Chicago can be a profitable property investment option. The median price of an average house in North Chicago was 189,927 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "North Chicago" area is 278,671 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +46.73% meaning that investing 100000 USD today may yield a profit of 46,725 USD by 2031.

Current Median Listing Price: 189,927 USD Median Listing Price Per Square Foot: 106 USD

North Chicago 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.

North Chicago (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.

North Chicago Price Target

North Chicago median home price target in 12 months: $221,457* (upside of 16.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $208,519 $211,286 $208,519 $211,286
2024 $168,862 $189,927 $168,862 $189,927
2023 $150,546 $168,445 $150,546 $168,445
2022 $139,244 $150,867 $139,244 $153,412
2021 $127,337 $137,573 $127,337 $140,476
2020 $112,205 $125,660 $112,205 $125,660
2019 $97,372 $111,862 $97,372 $111,862
2018 $84,815 $95,690 $84,815 $95,690
2017 $73,293 $83,732 $73,293 $83,732
2016 $60,821 $72,022 $60,821 $72,022
2015 $54,418 $60,165 $52,338 $60,165
2014 $50,235 $55,017 $50,235 $55,315
2013 $46,590 $49,535 $46,161 $49,535
2012 $46,815 $47,072 $46,815 $48,451

Questions & Answers about the North Chicago Housing Market Forecast

How much does an average home cost in North Chicago today?

The value of an average home (the listing price) in North Chicago is $189,927 USD.

What is the average price per square foot in North Chicago?

According to Walletinvestor the median price per square foot in North Chicago is 106 USD.

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

Yes. The North Chicago home prices may rise from 189,927 USD to 221,457 USD in one year.

Is it profitable to invest in North Chicago homes?

Yes. The long-term profit potential is +16.60% in one year.

Will North Chicago house prices fall / drop?

No. See above.

What is the predicted price of a North Chicago home in 2030?

The predicted home sales price of a North Chicago home in 2030 in North Chicago is 273,272 USD.

What is the predicted price of a North Chicago home in 2035?

The predicted home sales price of a North Chicago home in 2035 in North Chicago is 368,162 USD.

Will real estate prices decrease in North Chicago?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

North Chicago is the 4052. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Lake, North Chicago decreased, looking at the past 12 months.

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

Median home values decreased by 9.837% to 189,927 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 15.231% in 2021
  • 18.381% in 2022
  • 18.201% in 2023
  • 16.111% in 2024
  • 18.001% in 2025
  • 16.431% in 2026

Based on our North Chicago real estate market research and report the predicted sales prices will increase by 364.530% in the next 10 years.

Over the last 12 months, the value of homes in North Chicago fluctuated: increasing 2 times and decreasing 2 times.

North Chicago (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
North Chicago Housing Market Forecast with Real Estate Prices for 2025
August 2025 213280 194511 232049
September 2025 215293 204097 226488
October 2025 217324 201894 232754
November 2025 218757 199069 238446
December 2025 217677 203093 232261
North Chicago Housing Market Forecast with Real Estate Prices for 2026
January 2026 216428 198248 234607
February 2026 215185 199692 230679
March 2026 214809 200847 228772
April 2026 215304 199156 231452
May 2026 217336 196906 237765
June 2026 219386 201616 237157
July 2026 221457 203076 239837
August 2026 223546 203427 243665
September 2026 225374 204189 246560
October 2026 227415 214679 240150
November 2026 228679 215873 241485
December 2026 228639 206461 250817
North Chicago Housing Market Forecast with Real Estate Prices for 2027
January 2027 227327 205958 248696
February 2027 226201 210367 242035
March 2027 225508 203408 247608
April 2027 225521 212666 238376
May 2027 225041 206137 243944
June 2027 225615 204182 247049
July 2027 227101 211431 242771
August 2027 229244 210904 247583
September 2027 231407 213357 249457
October 2027 233591 215370 251811
November 2027 235795 218346 253244
December 2027 238020 215408 260632
North Chicago Housing Market Forecast with Real Estate Prices for 2028
January 2028 240266 216720 263812
February 2028 241888 226649 257127
March 2028 242858 229501 256215
April 2028 243553 226992 260115
May 2028 244156 220229 268083
June 2028 245996 225332 266659
July 2028 248317 232425 264209
August 2028 250660 225594 275726
September 2028 253026 228482 277569
October 2028 255413 234725 276102
November 2028 257212 236121 278304
December 2028 259419 235293 283544
North Chicago Housing Market Forecast with Real Estate Prices for 2029
January 2029 261372 238371 284372
February 2029 263673 250489 276856
March 2029 265546 250410 280683
April 2029 267981 247615 288348
May 2029 270510 251845 289175
June 2029 272748 253383 292113
July 2029 273272 249497 297046
August 2029 273169 256506 289832
September 2029 272360 250299 294421
October 2029 272765 252308 293222
November 2029 274100 254639 293561
December 2029 276687 261469 291904
North Chicago Housing Market Forecast with Real Estate Prices for 2030
January 2030 279298 255278 303317
February 2030 281933 264171 299695
March 2030 283793 263643 303942
April 2030 282391 259235 305547
May 2030 280770 253816 307724
June 2030 279158 263805 294512
July 2030 278671 260557 296784
August 2030 279312 262274 296350
September 2030 281948 265877 298019
October 2030 284608 259848 309369
November 2030 287294 265172 309416
December 2030 290005 263035 316976
North Chicago Housing Market Forecast with Real Estate Prices for 2031
January 2031 292377 268694 316059
February 2031 295023 267586 322461
March 2031 296664 273228 320101
April 2031 296612 280002 313223
May 2031 294910 271317 318503
June 2031 293449 266745 320153
July 2031 292550 271194 313906
August 2031 292567 271794 313339
September 2031 291944 273551 310336
October 2031 292689 276006 309372
November 2031 294616 266628 322605
December 2031 297396 269738 325054
North Chicago Housing Market Forecast with Real Estate Prices for 2032
January 2032 300203 274385 326020
February 2032 303035 285459 320612
March 2032 305895 278976 332814
April 2032 308782 284697 332866
May 2032 311695 285513 337878
June 2032 313799 289323 338276
July 2032 315058 296470 333647

> 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.