Housing Prices in Decatur, IL

How much do homes in Decatur, IL cost?

Median List Price

$67,450

$51/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$19,550(-22.5%)

Key Takeaway

The list price of homes in Decatur has decreased by 22.5% since last year.

Summary: The median home list price in Decatur was $67,450 in October 2024, down 22.5% from the previous year, and the median price per square foot was $51.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $35K-
N/A
2 $69.9K$40K
-42.8%
3 $85K$70K
-17.6%
4 $182.9K$134K
-26.8%
5+ $209K$62.4K
-70.1%

Summary: Decatur housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42.8%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 26.8%, and 5+ bedroom homes decreased by 70.1%.

Median List Price Compared To Nearby Cities

Hickory Point Township
-9.1%
Decatur Township
-20.6%
Decatur
-22.5%

Housing Supply in Decatur, IL

How many homes are available in Decatur, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2735+29.6%

Summary: The Decatur real estate market had 35 homes for sale in October 2024, a 29.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 1519
+26.7%
4 77
0.0%
5+ 02
+100.0%

Summary: The Decatur housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 26.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for Decatur, IL

How long does it take to sell a home in Decatur, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
133 Days83 Days-37.8%

Summary: Homes in Decatur had an average listing age of 83 days in Oct 2024, down by 37.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Decatur, IL

Nearby Markets to Decatur, IL