Current Price

$119,919

1 Month Forecast

â–¼ $119,247

1-Year Forecast *

â–¼ $119,212

5-Year Forecast *

â–¼ $116,893

"Is it a good time to buy homes in Concord?" "Does investing in real estate in Concord (Illinois State, Morgan County) worth it?" According to our live Forecast System, buying a house in Concord is a bad short-term (1-year) investment*. The Concord average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Concord" 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 Concord in Illinois State, Morgan County. If you are looking for homes for sale with good flipping profit, Concord can be a bad, high-risk 1-year investment option. The median price of an average house in Concord was 119,919 USD on 2026-03-03. Based on our forecasts, a long-term decrease is expected, the predicted price of an average home in the "Concord" area is 116,893 USD by 2031-03-03. For a 5-year investment the profit is expected to be around -2.52% meaning that investing 100000 USD today may yield a profit of 2,523 USD by 2031.

Current Median Listing Price: 119,919 USD Median Listing Price Per Square Foot: 67 USD

Concord 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.

Concord (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.

Concord Price Target

Concord median home price target in 12 months: $119,212* (downside of 0.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $112,769 $119,919 $110,346 $119,919
2023 $0 $113,661 $0 $114,631
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Concord Housing Market Forecast

How much does an average home cost in Concord today?

The value of an average home (the listing price) in Concord is $119,919 USD.

What is the average price per square foot in Concord?

According to Walletinvestor the median price per square foot in Concord is 67 USD.

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

No. The Concord home prices may drop from 119,919 USD to 119,212 USD in one year.

Is it profitable to invest in Concord homes?

Based on our forecast, the expected return is -0.59% in one year.

Will Concord house prices fall / drop?

Yes. See above.

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

The predicted home sales price of a Concord home in 2030 in Concord is 117,115 USD.

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

The predicted home sales price of a Concord home in 2035 in Concord is 118,848 USD.

Will real estate prices decrease in Concord?

According to our analysis, there may be some price adjustment.

Short-Term Outlook Based On The Last 12 Months

Concord is the 27236. largest city in the United States, located in Illinois State.

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

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

Median home values remained unchanged to 119,919 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 0.980% in 2021
  • 1.270% in 2022
  • 1.540% in 2023
  • 0.580% in 2024
  • 2.410% in 2025
  • 2.150% in 2026

Based on our Concord real estate market research and report the predicted sales prices will decrease by 5.745% in the next 10 years.

Concord (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
Concord Housing Market Forecast with Real Estate Prices for 2025
January 2025 119247 108515 129980
February 2025 118579 108737 128422
March 2025 117915 108010 127820
April 2025 117823 106630 129016
May 2025 118112 108663 127561
June 2025 117499 107864 127134
July 2025 116841 107493 126188
August 2025 116388 107077 125699
September 2025 116735 109731 123739
October 2025 117555 109914 125196
November 2025 118380 107134 129627
December 2025 119212 110509 127914
Concord Housing Market Forecast with Real Estate Prices for 2026
January 2026 120049 112006 128092
February 2026 119377 110304 128449
March 2026 118708 108499 128917
April 2026 118043 110842 125243
May 2026 117951 108633 127269
June 2026 118240 109253 127226
July 2026 117626 109628 125625
August 2026 116967 110300 123634
September 2026 116514 109873 123156
October 2026 116861 108798 124925
November 2026 117682 108974 126390
December 2026 118509 108672 128345
Concord Housing Market Forecast with Real Estate Prices for 2027
January 2027 119341 112181 126501
February 2027 120179 109603 130755
March 2027 119506 108392 130620
April 2027 118836 107309 130364
May 2027 118171 110253 126088
June 2027 118078 107215 128942
July 2027 118368 106768 129968
August 2027 117754 107627 127880
September 2027 117094 105853 128335
October 2027 116640 106493 126788
November 2027 116988 107395 126581
December 2027 117809 106971 128648
Concord Housing Market Forecast with Real Estate Prices for 2028
January 2028 118637 112586 124687
February 2028 119470 111944 126997
March 2028 120309 110444 130175
April 2028 119635 108031 131240
May 2028 118965 109924 128007
June 2028 118299 110373 126225
July 2028 118206 108986 127426
August 2028 118496 111505 125487
September 2028 117881 106093 129669
October 2028 117221 108312 126130
November 2028 116767 106024 127509
December 2028 117115 111142 123087
Concord Housing Market Forecast with Real Estate Prices for 2029
January 2029 117937 107912 127962
February 2029 118765 107839 129692
March 2029 119600 108357 130842
April 2029 120440 108516 132363
May 2029 119765 113777 125753
June 2029 119094 109447 128741
July 2029 118427 107532 129322
August 2029 118334 106738 129931
September 2029 118624 109490 127758
October 2029 118009 110810 125207
November 2029 117348 111480 123215
December 2029 116893 106139 127647
Concord Housing Market Forecast with Real Estate Prices for 2030
January 2030 117241 107628 126855
February 2030 118065 109918 126211
March 2030 118894 108194 129595
April 2030 119729 113024 126434
May 2030 120570 110683 130457
June 2030 119895 111142 128647
July 2030 119223 108255 130192
August 2030 118555 110730 126380
September 2030 118462 110407 126518
October 2030 118753 107353 130153
November 2030 118137 107268 129005
December 2030 117475 106080 128870
Concord Housing Market Forecast with Real Estate Prices for 2031
January 2031 117020 108360 125679
February 2031 117368 110326 124410
March 2031 118193 109919 126466
April 2031 119023 109501 128545
May 2031 119859 111469 128249
June 2031 120701 110562 130840
July 2031 120025 111623 128426
August 2031 119352 108252 130452
September 2031 118684 110969 126398
October 2031 118591 110764 126418
November 2031 118881 107588 130175
December 2031 118265 106911 129618

> 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.