SIALIMStatistical Intelligence for America's Local Investment Markets

Kokomo, IN Housing Market Forecast — September 2026

Typical home value $195,008 as of August 2026 · Stabilizing

Next month — September 2026
$195,619
+0.31% · range $195,358–$195,915
Quarter — December 2026
$197,391
+1.22% · range $195,820–$199,389
One year — September 2027
$200,387
+2.76% · range $195,153–$205,681
Backtest error
0.8%
avg miss, last 6 months

Blue: typical Kokomo home value (Zillow ZHVI, smoothed and seasonally adjusted), last 10 years. Amber dash: forecast path through September 2027; dotted lines mark the 80% confidence range, which widens with the horizon.

Why the model sees it this way

Sialim's model forecasts the typical Kokomo home value will rise 0.3% in September 2026, from $195,008 to about $195,619. The 80% confidence range runs from $195,358 to $195,915.

Prices have been close to flat over the past three months (+0.14% per month on average), and the market is up 4.7% from a year ago.

The 30-year mortgage rate sits near 6.7% (restrictive for affordability); for-sale inventory is up 19% year over year, which adds downward pressure on prices; national unemployment is 4.1%. These conditions feed into this metro's forecast, since the macro-augmented model beat the price-only model in backtesting here.

Over the most recent six-month test window, this model's predictions for Kokomo were off by 0.8% on average. Smaller is better; anything under 1% is strong for monthly home values.

How this compares with Zillow's forecast

HorizonSialimZillow's forecast
Next month+0.31%+0.40%
Three months+1.22%+1.20%
Twelve months+2.76%+3.50%

Both forecasts point the same direction for Kokomo over the next twelve months. Zillow forecast © Zillow, shown for comparison; horizons are aligned to the nearest published month. Agreement or disagreement between the two models is a useful signal either way.

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Frequently asked questions

What is the Kokomo home value forecast for September 2026?

$195,619, a +0.31% change from the latest value of $195,008. The 80% confidence range is $195,358 to $195,915.

Is the Kokomo housing market cooling or heating up?

Sialim classifies Kokomo as "Stabilizing". Monthly price changes have flattened out near zero.

What is the Kokomo home price forecast for 2027?

Sialim's model projects $200,387 by September 2027, a +2.76% change from today's $195,008. The 80% range is $195,153 to $205,681; year-ahead forecasts carry much wider uncertainty than next-month calls.

How accurate is this forecast?

Over the most recent six-month test window, this model's Kokomo predictions were off by 0.8% on average.

Model details

Forecasts come from Sialim's proprietary forecasting engine, which runs several competing model specifications for every metro, backtests them against what actually happened, and publishes the winner for each horizon. Trained on 212 monthly observations (2009-01-31 to 2026-08-31). This metro's market heat index reads 16, with 0.3% of listings showing a price cut. See the methodology for how forecasts are built, and the ZHVI guide for what the underlying index measures.

Forecasts are model output, not advice. Data: Zillow ZHVI (© Zillow), Freddie Mac via FRED, US Bureau of Labor Statistics via FRED.