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Today: September 22, 2025

Current Price

$156,527

1 Month Forecast

$168,238

1-Year Forecast *

$172,094

5-Year Forecast *

$193,287

"Is it a good time to buy homes in Herrick?" "Does investing in real estate in Herrick (Illinois State, Shelby County) worth it?" According to our live Forecast System, buying a house in Herrick is a acceptable short-term (1-year) investment*. The Herrick average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Herrick" 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 Herrick in Illinois State, Shelby County. If you are looking for homes for sale with good flipping profit, Herrick can be a profitable property investment option. The median price of an average house in Herrick was 156,527 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Herrick" area is 193,287 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +23.48% meaning that investing 100000 USD today may yield a profit of 23,485 USD by 2030.

Current Median Listing Price: 156,527 USD Median Listing Price Per Square Foot: 87 USD

Herrick 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.

Herrick (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

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

Herrick Price Target

Herrick median home price target in 12 months: $172,094* (upside of 9.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $174,908 $166,541 $166,541 $174,908
2024 $150,031 $156,527 $149,782 $156,536
2023 $137,590 $151,950 $137,590 $154,663
2022 $134,174 $136,823 $134,174 $144,830
2021 $130,948 $131,886 $130,360 $131,930
2020 $112,328 $129,838 $112,328 $129,838
2019 $106,977 $112,059 $106,977 $112,059
2018 $108,249 $106,337 $106,329 $109,303
2017 $109,266 $108,845 $108,046 $111,394
2016 $0 $108,962 $0 $111,562
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Herrick Housing Market Forecast

How much does an average home cost in Herrick today?

The value of an average home (the listing price) in Herrick is $156,527 USD.

What is the average price per square foot in Herrick?

According to Walletinvestor the median price per square foot in Herrick is 87 USD.

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

Yes. The Herrick home prices may rise from 156,527 USD to 172,094 USD in one year.

Is it profitable to invest in Herrick homes?

Yes. The long-term profit potential is +9.94% in one year.

Will Herrick house prices fall / drop?

No. See above.

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

The predicted home sales price of a Herrick home in 2030 in Herrick is 193,287 USD.

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

The predicted home sales price of a Herrick home in 2035 in Herrick is 223,480 USD.

Will real estate prices decrease in Herrick?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Herrick is the 20022. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Shelby, Herrick increased, looking at the past 12 months.

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

Median home values increased by 0.816% to 156,527 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 10.535% in 2020
  • 11.065% in 2021
  • 10.315% in 2022
  • 10.345% in 2023
  • 10.375% in 2024
  • 10.625% in 2025

Based on our Herrick real estate market research and report the predicted sales prices will increase by 158.079% in the next 10 years.

Over the last 12 months, the value of homes in Herrick fluctuated: increasing 3 times and decreasing 7 times.

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

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Herrick Housing Market Forecast with Real Estate Prices for 2025
August 2025 168238 156797 179678
September 2025 169951 159924 179978
October 2025 171309 158290 184329
November 2025 172774 160334 185214
December 2025 173757 163158 184356
Herrick Housing Market Forecast with Real Estate Prices for 2026
January 2026 174070 164148 183992
February 2026 173938 156718 191158
March 2026 172922 161682 184162
April 2026 172441 160887 183994
May 2026 171998 160130 183866
June 2026 172309 157146 187473
July 2026 172094 158671 185517
August 2026 172419 160694 184143
September 2026 172889 156465 189313
October 2026 174011 157306 190717
November 2026 175784 158381 193186
December 2026 177574 160349 194799
Herrick Housing Market Forecast with Real Estate Prices for 2027
January 2027 179383 163776 194989
February 2027 181210 168525 193894
March 2027 183055 168045 198066
April 2027 182760 171794 193725
May 2027 181280 166959 195601
June 2027 179812 169383 190241
July 2027 178356 169260 187452
August 2027 177074 164148 190001
September 2027 177017 167635 186398
October 2027 177573 167629 187517
November 2027 178570 161784 195355
December 2027 178951 162129 195772
Herrick Housing Market Forecast with Real Estate Prices for 2028
January 2028 180490 164607 196373
February 2028 182328 164278 200379
March 2028 184185 172029 196342
April 2028 186061 174525 197597
May 2028 187956 171980 203933
June 2028 189871 174111 205630
July 2028 191804 176652 206957
August 2028 193167 178873 207462
September 2028 192275 176893 207657
October 2028 190718 178512 202924
November 2028 189174 176310 202038
December 2028 188860 171485 206235
Herrick Housing Market Forecast with Real Estate Prices for 2029
January 2029 190783 177619 203947
February 2029 192726 173839 211613
March 2029 194689 176388 212990
April 2029 194805 181948 207662
May 2029 193792 182359 205226
June 2029 193367 176738 209997
July 2029 193794 178484 209104
August 2029 194796 179212 210380
September 2029 195385 185030 205741
October 2029 195374 183066 207683
November 2029 197364 177628 217101
December 2029 196158 180858 211459
Herrick Housing Market Forecast with Real Estate Prices for 2030
January 2030 194967 183659 206275
February 2030 193643 176796 210490
March 2030 192075 182471 201679
April 2030 190520 174135 206904
May 2030 189410 171605 207214
June 2030 191339 180050 202628
July 2030 193287 182270 204305
August 2030 194832 180804 208860
September 2030 196498 180582 212415
October 2030 197616 184178 211054
November 2030 197972 186291 209652
December 2030 197822 186348 209295
Herrick Housing Market Forecast with Real Estate Prices for 2031
January 2031 196667 178180 215153
February 2031 196119 178468 213770
March 2031 195615 183487 207744
April 2031 195970 179116 212823
May 2031 195725 185743 205707
June 2031 196094 183740 208448
July 2031 196629 178342 214915
August 2031 197905 184844 210967
September 2031 199921 188925 210917
October 2031 201957 186810 217104
November 2031 204014 188917 219111
December 2031 206092 190635 221549
Herrick Housing Market Forecast with Real Estate Prices for 2032
January 2032 208191 187372 229010
February 2032 207855 190811 224899
March 2032 206172 192152 220192
April 2032 204503 189778 219227
May 2032 202847 182765 222929
June 2032 201389 185076 217701
July 2032 201323 182801 219845
August 2032 201956 186809 217103
September 2032 203090 187655 218524
October 2032 203523 189276 217769
November 2032 205274 187620 222927
December 2032 207364 190983 223746
Herrick Housing Market Forecast with Real Estate Prices for 2033
January 2033 209476 195860 223092
February 2033 211610 196797 226423
March 2033 213765 192389 235142
April 2033 215942 196723 235161
May 2033 218141 200254 236029
June 2033 219692 198601 240782
July 2033 218676 204244 233109

> 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.