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 4 Days Ago

Newest Listings in Decatur, IL

Nearby Markets to Decatur, IL