Housing Prices in Decatur, IL

How much do homes in Decatur, IL cost?

Median List Price

$88,250

$59/sqft

Based on all homes listed in November 2023.

Difference Since Last Month

-$25,250(-22.2%)

Key Takeaway

The list price of homes in Decatur has decreased by 22.2% since October.

Summary: The median home list price in Decatur was $88,250 in November 2023, down 22.2% from the previous month, and the median price per square foot was $59.

Median List Price By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 --
N/A
2 $42.4K$27.4K
-35.5%
3 $112.5K$103K
-8.4%
4 $295K$229.9K
-22.1%
5+ --
N/A

Summary: Decatur housing prices by bedroom type for November 2023 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.5%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Hickory Point Township
0.0%
Long Creek Township
-5.5%
Decatur
-22.2%
Decatur Township
-22.2%

Housing Supply in Decatur, IL

How many homes are available in Decatur, IL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
2228+27.3%

Summary: The Decatur real estate market had 28 homes for sale in November 2023, a 27.3% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
0.0%
2 612
+100.0%
3 1110
-9.1%
4 56
+20.0%
5+ 00
0.0%

Summary: The Decatur housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Days on Market for Decatur, IL

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

Average Listing Age

Oct 2023Nov 2023CHANGE
72 Days67 Days-7.4%

Summary: Homes in Decatur had an average listing age of 67 days in Nov 2023, down by 7.4% compared to the previous month.

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

Report Updated 9 Days Ago

Newest Listings in Decatur, IL

Nearby Markets to Decatur, IL