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Today: September 23, 2025

Current Price

$150,268

1 Month Forecast

$164,755

1-Year Forecast *

$175,704

5-Year Forecast *

$218,394

"Is it a good time to buy homes in New Chicago?" "Does investing in real estate in New Chicago (Indiana State, Lake County) worth it?" According to our live Forecast System, buying a house in New Chicago is a good short-term (1-year) investment*. The New 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 "New 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 New Chicago in Indiana State, Lake County. If you are looking for homes for sale with good flipping profit, New Chicago can be a profitable property investment option. The median price of an average house in New Chicago was 150,268 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "New Chicago" area is 218,394 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +45.34% meaning that investing 100000 USD today may yield a profit of 45,337 USD by 2030.

Current Median Listing Price: 150,268 USD Median Listing Price Per Square Foot: 83 USD

New 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.

New Chicago (Indiana 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.

New Chicago Price Target

New Chicago median home price target in 12 months: $175,704* (upside of 16.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $159,238 $163,521 $159,238 $163,521
2024 $142,295 $150,268 $142,295 $150,268
2023 $135,982 $141,830 $135,982 $143,419
2022 $119,190 $135,458 $119,190 $135,458
2021 $103,083 $117,812 $103,083 $117,812
2020 $89,277 $100,611 $89,277 $100,611
2019 $83,025 $88,654 $83,025 $88,696
2018 $76,536 $82,748 $76,536 $82,748
2017 $68,828 $76,131 $68,101 $76,131
2016 $65,970 $69,216 $65,970 $69,234
2015 $62,244 $65,287 $61,925 $65,287
2014 $59,226 $61,746 $59,226 $61,746
2013 $60,224 $59,280 $56,757 $60,224
2012 $54,911 $60,333 $54,884 $60,333

Questions & Answers about the New Chicago Housing Market Forecast

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

The value of an average home (the listing price) in New Chicago is $150,268 USD.

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

According to Walletinvestor the median price per square foot in New Chicago is 83 USD.

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

Yes. The New Chicago home prices may rise from 150,268 USD to 175,704 USD in one year.

Is it profitable to invest in New Chicago homes?

Yes. The long-term profit potential is +16.93% in one year.

Will New Chicago house prices fall / drop?

No. See above.

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

The predicted home sales price of a New Chicago home in 2030 in New Chicago is 218,394 USD.

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

The predicted home sales price of a New Chicago home in 2035 in New Chicago is 291,682 USD.

Will real estate prices decrease in New Chicago?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

New Chicago is the 13700. largest city in the United States, located in Indiana State.

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

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

Median home values increased by 1.733% to 150,268 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 17.967% in 2020
  • 16.147% in 2021
  • 17.037% in 2022
  • 17.727% in 2023
  • 16.027% in 2024
  • 16.327% in 2025

Based on our New Chicago real estate market research and report the predicted sales prices will increase by 377.704% in the next 10 years.

Over the last 12 months, the value of homes in New Chicago fluctuated: increasing 10 times .

New Chicago (Indiana) 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
New Chicago Housing Market Forecast with Real Estate Prices for 2025
August 2025 164755 150586 178924
September 2025 165998 154046 177950
October 2025 167251 150693 183808
November 2025 168513 154358 182668
December 2025 169784 155183 184386
New Chicago Housing Market Forecast with Real Estate Prices for 2026
January 2026 171065 161315 180816
February 2026 172356 162360 182353
March 2026 173657 156986 190328
April 2026 174967 159920 190014
May 2026 176287 160598 191977
June 2026 176353 163832 188875
July 2026 175704 159540 191869
August 2026 175608 164369 186847
September 2026 176316 159037 193595
October 2026 177200 165151 189250
November 2026 178537 163183 193891
December 2026 179884 164594 195175
New Chicago Housing Market Forecast with Real Estate Prices for 2027
January 2027 181242 169824 192660
February 2027 182609 173114 192105
March 2027 183987 169820 198154
April 2027 185376 174439 196313
May 2027 186775 174261 199289
June 2027 187326 169342 205309
July 2027 188095 173424 202767
August 2027 189379 177637 201120
September 2027 190808 178596 203020
October 2027 191959 179482 204437
November 2027 192702 177864 207541
December 2027 194157 182895 205418
New Chicago Housing Market Forecast with Real Estate Prices for 2028
January 2028 195622 176842 214401
February 2028 197098 181921 212274
March 2028 198585 183691 213479
April 2028 199956 189759 210154
May 2028 200675 188033 213318
June 2028 201425 189138 213712
July 2028 201440 187742 215138
August 2028 201036 184149 217923
September 2028 200296 187076 213515
October 2028 199581 183414 215747
November 2028 200233 183013 217454
December 2028 201744 190648 212840
New Chicago Housing Market Forecast with Real Estate Prices for 2029
January 2029 203267 187615 218918
February 2029 204801 192922 216679
March 2029 206346 186537 226155
April 2029 206296 195775 216817
May 2029 205680 194368 216993
June 2029 204923 190784 219063
July 2029 204828 192538 217117
August 2029 204990 184696 225284
September 2029 206405 187829 224981
October 2029 207962 189662 226263
November 2029 209532 192141 226923
December 2029 210957 198088 223825
New Chicago Housing Market Forecast with Real Estate Prices for 2030
January 2030 211588 196353 226822
February 2030 211635 196609 226662
March 2030 212331 199166 225495
April 2030 213524 199645 227403
May 2030 215135 197925 232346
June 2030 216759 203537 229981
July 2030 218394 203107 233682
August 2030 220042 208600 231485
September 2030 221703 202636 240769
October 2030 223376 207963 238789
November 2030 225061 206156 243967
December 2030 226760 204991 248529
New Chicago Housing Market Forecast with Real Estate Prices for 2031
January 2031 228471 205624 251318
February 2031 230195 212009 248380
March 2031 231932 211754 252110
April 2031 232019 217402 246636
May 2031 231165 219606 242723
June 2031 231038 214635 247442
July 2031 231970 215268 248672
August 2031 233133 216347 249918
September 2031 234892 219154 250630
October 2031 236664 224831 248497
November 2031 238450 222951 253949
December 2031 240249 223192 257307
New Chicago Housing Market Forecast with Real Estate Prices for 2032
January 2032 242062 227297 256828
February 2032 243889 229743 258034
March 2032 245729 221402 270056
April 2032 246454 228217 264692
May 2032 247467 227917 267017
June 2032 249156 229971 268341
July 2032 251036 234216 267855
August 2032 252551 230831 274270
September 2032 253528 232232 274825
October 2032 255441 242158 268724
November 2032 257369 235235 279503
December 2032 259311 234417 284205
New Chicago Housing Market Forecast with Real Estate Prices for 2033
January 2033 261268 238276 284259
February 2033 263072 237291 288853
March 2033 264018 238144 289891
April 2033 265004 246454 283555
May 2033 265024 250713 279336
June 2033 264492 242539 286445
July 2033 263518 245863 281174

> 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.