Metropolitan market · Illinois · June 2026 data

Decatur Real Estate Market

As of June 2026, the median home listed in Decatur, IL asks $142,450 — down 1.7% year over year. Homes sell in a median of 31 days, with 180 active listings and 20% carrying a price cut — a seller-leaning market. Figures come from public records and industry data, updated monthly.

Median listing price
$142,450
▼ 1.7% YoY
Median $ / sq ft
$85
1,590 sq ft median
Median days on market
31
June 2026
Active listings
180
For sale now
New listings
160
June 2026
Listings with price cuts
20%
Share of active
Median sale price (closed)
$150,000
▲ 6.2% YoY · closed sales
Sale-to-list ratio
98.2%
Closed sales
Homes sold / month
121
Closed sales

Decatur housing market statistics

The table summarizes Decatur's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Decatur, IL housing market at a glance — June 2026
MetricLatestDetail
Median listing price$142,450-1.7% YoY
Median price per sq ft$851,590 sq ft median
Median days on market31-19% YoY
Active listings180+15% YoY
New listings this month160June 2026
Listings with a price cut20%Share of active
Median sale price (closed)$150,000+6.2% YoY
Sale-to-list ratio98.2%Closed sales
Gross rental yield8.9%2BR fair market rent

How have home prices changed in Decatur?

Decatur home prices are down 1.7% year over year and -1.8% month over month as of June 2026, at a $142,450 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$167K$159K$150K$142K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Decatur IL · trailing 8 quarters · source: public records and industry data.

The 10-year view
$150K$137K$124K$110K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Decatur IL · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Decatur?

Decatur has 180 active listings, 160 new this month, 75 pending as of June 2026. About 20% of active listings have cut their price, and inventory sits at 38% of its 2019 level — a seller-leaning market by pace.

Active listings
180
New this month
160
Pending
75
Price-reduced
35

Is Decatur a good real estate investment?

Decatur scores 75/100 on WealthyBud's composite Investor Score, ranking #42 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
75/100
#42 of 932 covered metros
12-month outlook
+2.9%
▲ Rising · model output, not advice
Price volatility
Low
σ 4.0% · 20-yr price-index swings
Momentum
38
Value
84
Rental yield
99
Supply risk
4
Market heat
67

Decatur scores 75/100 on our composite Investor Score (#42 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 47% over five years and +65% over ten, leaving prices 45% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,063/mo for a two-bedroom, the gross rental yield on the median listing is about 8.9%; active inventory sits at 38% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 1.7% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Decatur ranks on the trending markets index.

How much is a monthly mortgage payment in Decatur?

A home at Decatur's $142,450 median listing runs about $715 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$642/mo
−$73/mo vs today
At today's rate · 6.43%
$715/mo
National weekly average
If rates rise 1% · 7.43%
$791/mo
+$76/mo vs today

Principal & interest on the $142,450 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Decatur housing market?

Longer-run demand in Decatur shows up in 34 homes permitted in 2025; net migration of -482 residents; -1.5% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
34
▼ 46.0% vs 2024
0.3 per 1,000 residents
Net migration (2022–2023)
-482
▼ people, via tax-return records
net income flow −$51.7M/yr
Job growth (YoY)
-1.5%
▼ 47.4k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

Client-ready report

Send a branded Decatur market report to your clients.

Open report gallery
Find the best in Decatur

Decatur housing market FAQ

What is the median home price in Decatur?
As of June 2026, the median listing price in Decatur, IL is $142,450, down 1.7% year over year (source: public records and industry data). Figures cover the Decatur, IL metro area.
How much does it cost to buy a home in Decatur?
The median home listed in Decatur asks $142,450 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $715 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Decatur?
The median property in Decatur spends 31 days on the market, with 180 homes actively listed and 20% of them carrying a price cut — a seller-leaning market by pace as of June 2026.
Is it a buyer's or seller's market in Decatur?
With a median 31 days on market and 20% of active listings carrying a price cut, Decatur reads as a seller-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Decatur a good place to invest in real estate?
Decatur scores 75/100 on WealthyBud's Investor Score, ranking #42 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Decatur?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Decatur and the wider Illinois market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Decatur, IL metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Illinois housing markets

Jasper Lindqvist Commercial Real Estate Analyst

Jasper Lindqvist is a commercial real estate analyst who covers office, retail and industrial property trends, cap rates and vacancy using public REIT filings and market reports. He focuses on how commercial demand shifts ripple into residential markets.