Housing in Decatur, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$97,725

Median List Price

$118,250

Price Per Sq Ft

$74

Days on Market

47

Active Inventory

182

Months of Supply

2.7

Seller's market

Zillow Home Value

$98,014

ZHVI — January 2026

Zillow Rent Index

$1,018

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 2.3%List Price 44.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.9%

Off Market in 2 Weeks

30.3%

Sale-to-List Ratio

93.2%

Buyer's market

Sold Above Asking
20.9%
Under Contract in 2 Wks
30.3%
Listings with Price Drops
31.3%

Market Activity

Source: Redfin

Homes Sold

67

New Listings

67

Pending Sales

76

Homes Sold 10.7%New Listings 19.3%Pending 15.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$74

Median List $/SF

$77

Sale $/SF 12.1%List $/SF 18.5%Mar 24Jan 26

Decatur vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Decatur is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$97,300

Median Rent

$796

Total Housing Units

36,121

Vacancy Rate

14.4%

Owner Occupied

62.3%

Renter Occupied

37.7%

Median Property Tax

$2,153

per year

Monthly Cost (w/ Mortgage)

$784

Housing Types

Single Family
75.3%
Multi-Family
22.1%
Mobile Home
2.6%

The current median sale price in Decatur, IL is $97,725 according to Redfin data. Homes spend a median of 47 days on the market. 20.9% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $74. Zillow's observed rent index is $1,018/month. About 62.3% of housing units are owner-occupied. The median year homes were built is 1960. There are 36,121 total housing units.