Decatur, IL
Housing market overview · Updated weekly
$95,000median sale price
Homes sold
59
Last 12 weeks
Days on market
40
Average pace
Active listings
176
3.0 months supply
Sale-to-list
93.2%
Below asking
The Decatur housing market is currently classified as a balanced market with a median sale price of $95,000. Prices have fallen 7.1% compared to last year, with homes spending an average of 40 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Decatur
There are currently 176 homes listed for sale in Decatur, Illinois. The median listing price is $119K.
Active listings
176
Homes on market
Median list price
$119K
Avg. days on market
40
Days until sale
New this week
72
Newly listed
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Frequently asked questions
What is the average home price in Decatur?
The median home sale price in Decatur is $95,000, down 7.1% from last year.
How long do homes stay on market in Decatur?
Homes typically spend 40 days on market before going under contract.
Is Decatur a buyer's or seller's market?
With 3.0 months of supply, Decatur is currently a balanced market.
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