Current Price

$220,014

1 Month Forecast

â–² $220,581

1-Year Forecast *

â–² $226,910

5-Year Forecast *

â–² $256,724

"Is it a good time to buy homes in Mode?" "Does investing in real estate in Mode (Illinois State, Shelby County) worth it?" According to our live Forecast System, buying a house in Mode is a not so good short-term (1-year) investment*. The Mode average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Mode" 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 Mode in Illinois State, Shelby County. If you are looking for homes for sale with good flipping profit, Mode can be a profitable property investment option. The median price of an average house in Mode was 220,014 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Mode" area is 256,724 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +16.69% meaning that investing 100000 USD today may yield a profit of 16,685 USD by 2031.

Current Median Listing Price: 220,014 USD Median Listing Price Per Square Foot: 122 USD

Mode 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.

Mode (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.

Mode Price Target

Mode median home price target in 12 months: $226,910* (upside of 3.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $202,316 $220,014 $202,316 $220,014
2023 $0 $0 $0 $0
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 Mode Housing Market Forecast

How much does an average home cost in Mode today?

The value of an average home (the listing price) in Mode is $220,014 USD.

What is the average price per square foot in Mode?

According to Walletinvestor the median price per square foot in Mode is 122 USD.

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

Yes. The Mode home prices may rise from 220,014 USD to 226,910 USD in one year.

Is it profitable to invest in Mode homes?

Yes. The long-term profit potential is +3.13% in one year.

Will Mode house prices fall / drop?

No. See above.

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

The predicted home sales price of a Mode home in 2030 in Mode is 248,922 USD.

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

The predicted home sales price of a Mode home in 2035 in Mode is 290,456 USD.

Will real estate prices decrease in Mode?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Mode is the 24570. largest city in the United States, located in Illinois State.

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

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

Median home values remained unchanged to 220,014 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 4.294% in 2021
  • 1.764% in 2022
  • 2.144% in 2023
  • 4.914% in 2024
  • 2.444% in 2025
  • 4.644% in 2026

Based on our Mode real estate market research and report the predicted sales prices will increase by 36.155% in the next 10 years.

Mode (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
Mode Housing Market Forecast with Real Estate Prices for 2025
January 2025 220581 208008 233154
February 2025 221149 206111 236187
March 2025 221718 200433 243003
April 2025 222289 204506 240072
May 2025 222862 203027 242696
June 2025 223436 207125 239746
July 2025 224011 212586 235436
August 2025 224588 208193 240983
September 2025 225166 203325 247007
October 2025 225746 206106 245386
November 2025 226327 214785 237870
December 2025 226910 214430 239390
Mode Housing Market Forecast with Real Estate Prices for 2026
January 2026 227495 209522 245467
February 2026 228080 207781 248380
March 2026 228668 208316 249019
April 2026 229257 207248 251265
May 2026 229847 214907 244787
June 2026 230439 209699 251178
July 2026 231032 214398 247667
August 2026 231627 217498 245756
September 2026 232224 215504 248944
October 2026 232822 221181 244463
November 2026 233421 217549 249294
December 2026 234022 217173 250872
Mode Housing Market Forecast with Real Estate Prices for 2027
January 2027 234625 217732 251518
February 2027 235229 218293 252166
March 2027 235835 217911 253758
April 2027 236442 215635 257249
May 2027 237051 221406 252696
June 2027 237662 215559 259764
July 2027 238274 219688 256859
August 2027 238887 225987 251787
September 2027 239502 222737 256268
October 2027 240119 227873 252365
November 2027 240737 219071 262404
December 2027 241357 222290 260425
Mode Housing Market Forecast with Real Estate Prices for 2028
January 2028 241979 219475 264483
February 2028 242602 221981 263223
March 2028 243227 225958 260496
April 2028 243853 231660 256046
May 2028 244481 230301 258661
June 2028 245111 222560 267661
July 2028 245742 233455 258029
August 2028 246375 229868 262882
September 2028 247009 222555 271463
October 2028 247645 229567 265723
November 2028 248283 235124 261442
December 2028 248922 236227 261617
Mode Housing Market Forecast with Real Estate Prices for 2029
January 2029 249563 236087 263040
February 2029 250206 228938 271474
March 2029 250850 228274 273427
April 2029 251496 227353 275640
May 2029 252144 237772 266516
June 2029 252793 230547 275039
July 2029 253444 230634 276254
August 2029 254097 238343 269851
September 2029 254751 229531 279972
October 2029 255407 236763 274052
November 2029 256065 242750 269380
December 2029 256724 236700 276749
Mode Housing Market Forecast with Real Estate Prices for 2030
January 2030 257385 231904 282867
February 2030 258048 236888 279208
March 2030 258713 243190 274236
April 2030 259379 235776 282983
May 2030 260047 235082 285011
June 2030 260717 243509 277924
July 2030 261388 240216 282560
August 2030 262061 244241 279881
September 2030 262736 240929 284543
October 2030 263413 242866 283959
November 2030 264091 249302 278880
December 2030 264771 243854 285688
Mode Housing Market Forecast with Real Estate Prices for 2031
January 2031 265453 251118 279787
February 2031 266136 245112 287161
March 2031 266822 243075 290569
April 2031 267509 241293 293725
May 2031 268198 241378 295017
June 2031 268888 242000 295777
July 2031 269581 243701 295461
August 2031 270275 255410 285140
September 2031 270971 249835 292107
October 2031 271669 246404 296934
November 2031 272368 253847 290889
December 2031 273070 248767 297373

> 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.