Decatur, IL Home Values & Market Trends
Real estate market trends reflect that there have been 1,915 transactions over the past year in Decatur. The median value for residential home transactions that occurred over the previous year is $135,377. The number of current listings in Decatur is 1,184, and the percentage of properties for sale in the city is 1184.00%. Decatur, IL currently has 82 properties in foreclosure, 11 bank owned properties, 21 properties headed for auction, and 1,184 properties for sale.
Decatur, IL Real Estate Market Overview
Housing Market Summary for Decatur, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $134.5K | $144.9K | 7.73% |
| Median Sold Price | $91,359 | $86,327 | -5.51% |
| Homes For Sale | 775 | 1,142 | 47.35% |
| Homes Sold | 925 | 611 | -33.95% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Decatur, IL
Browse Homes in Decatur, IL
Decatur home values range from $12,555 to $1,800,000. The median estimated value of a home in Decatur is $135,377. The median list price of a home is 144,900, and the total count of properties in the city is 1,875.
- Pre-ForeclosurePre-foreclosure homes account for 2.67% of all residential properties in Decatur, IL with 62526 containing 22 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Decatur, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $194,822 in 62522 to the lowest home value of $21,890 in 62526.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Decatur, IL ranges from the highest value of $184,406 in 62526 to the lowest value of $38,819 in 62521. Bank owned homes and properties account for 0.59% of properties in Decatur, IL. There are 4 zips within Decatur, IL; 62526 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions62521 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Decatur, IL. Auction homes and other auction properties account for 1.12% of all properties in Decatur, IL. There are 4 zips within Decatur, IL; of those zips, the median estimated home value for homes going to auction ranges from $171,621 in 62522 to the lowest value of $19,500 in 62522.
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Guide for Decatur, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
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