Is Decatur, IL a buyer's market or a seller's market?
Decatur, IL is a seller's market right now. There are 207 homes for sale, and at the current pace of sales it would take about 1.7 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Decatur, IL sits at 1.7.
There are more buyers than homes for sale. Sellers have the edge. The typical home took 29 days to go under contract, and 29% of sales closed above the asking price.
Source: Redfin's published market data for the Decatur, IL area, through May 2026.
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More about the Decatur, IL market
- When is the best month to sell a house in Decatur, IL?
- How long does it take to sell a house in Decatur, IL?
- Do homes sell above asking price in Decatur, IL?
- Are home prices going up or down in Decatur, IL?
- How many homes are for sale in Decatur, IL?
- All Decatur, IL housing numbers
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Figures come from Redfin's published market data for the Decatur, IL area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.