Housing Prices in Decatur, IL

How much do homes in Decatur, IL cost?

Median List Price

$69,950

$54/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$24,950(-26.3%)

Key Takeaway

The list price of homes in Decatur has decreased by 26.3% since last year.

Summary: The median home list price in Decatur was $69,950 in March 2024, down 26.3% from the previous year, and the median price per square foot was $54.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $30K$35K
+16.7%
2 $82.5K$45K
-45.5%
3 $89.9K$86K
-4.3%
4 $175K$178.9K
+2.3%
5+ $272K$14K
-94.8%

Summary: Decatur housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 45.5%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 94.8%.

Median List Price Compared To Nearby Cities

Hickory Point Township
-4.2%
Decatur Township
-16.2%
Decatur
-26.3%

Housing Supply in Decatur, IL

How many homes are available in Decatur, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1820+11.1%

Summary: The Decatur real estate market had 20 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 69
+50.0%
3 67
+16.7%
4 63
-50.0%
5+ 01
+100.0%

Summary: The Decatur housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 50%, 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

Mar 2023Mar 2024CHANGE
132 Days83 Days-37.1%

Summary: Homes in Decatur had an average listing age of 83 days in Mar 2024, down by 37.1% compared to the previous year.

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

Report Updated 24 Days Ago

Newest Listings in Decatur, IL

Nearby Markets to Decatur, IL