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DECATUR, IL 62521

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The DECATUR, IL real estate market (62521) currently shows 95 active listings, with 27 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has increased compared to last year, with 36 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 43 days on market compared to 22 days last year.

The median listing price has fallen 12.8% year-over-year, from $157,400 to $137,250.

Whether you are buying or selling in DECATUR, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 33,453  ·  Density: 195.8/mi²  ·  Median household income: $62,955

Typical home value: $118,590  ·  Homeownership: 73.4%

Market Overview

Active Listings
95
⇧ 61% vs 59 last year
Pending
27
28% pending ratio
Median Price
$137,250
⇩ 12.8% vs $157,400 last year
Average Price
$157,395
⇩ 27.9% vs $218,245 last year
Days on Market
43
⇧ 95.5% vs 22 days last year

Price Per Square Foot

Median $/sqft
$93
vs $93/sqft last year
Median Home Size
1,427 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 95 this year vs 59 last year
  • Days on market: 43 now vs 22 last year

Median & Average Pricing

Year over Year
  • Median: $137,250 (-12.8% YoY)
  • Average: $157,395 (-27.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.6 miles — 231 listings ($34,116,535 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62521Decatur, IL 625210.0 mi87$14,336,295$144,450$164,785
62522Decatur, IL 625226.3 mi39$4,977,297$118,673$127,623
62526Decatur, IL 625266.9 mi66$7,525,452$90,425$114,022
62535Forsyth, IL 625357.9 mi7$2,446,241$354,575$349,463
62554Oreana, IL 625549.9 mi2$257,500$128,750$128,750
61936La Place, IL 6193610.9 mi2$264,900$132,450$132,450
61818Cerro Gordo, IL 6181812.3 mi5$793,750$157,500$158,750
62550Moweaqua, IL 6255014.4 mi8$1,328,952$141,850$166,119
61756Maroa, IL 6175615.2 mi3$282,450$92,450$94,150
61855Milmine, IL 6185516.2 mi1$249,900$249,900$249,900
62547Mount Auburn, IL 6254717.2 mi1$145,000$145,000$145,000
62567Stonington, IL 6256718.0 mi6$544,998$68,000$90,833
62534Findlay, IL 6253420.6 mi4$963,800$240,950$240,950

Frequently Asked Questions

How many homes are for sale in DECATUR, IL 62521?

As of March 2026, there are 95 active listings in DECATUR, IL (zip code 62521), compared to 59 the prior year.

What is the median home price in DECATUR, IL 62521?

The median listing price in DECATUR, IL 62521 is $137,250 as of March 2026, a 12.8% decrease from $157,400 the prior year.

How long do homes stay on the market in DECATUR, IL?

Homes in DECATUR, IL 62521 spend an average of 43 days on the market before going under contract, compared to 22 days the prior year.

Is it a seller's or buyer's market in DECATUR, IL 62521?

Based on current inventory and days-on-market data as of March 2026, DECATUR, IL 62521 is currently a Buyer's Market. Inventory has increased compared to last year, with 36 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 43 days on market compared to 22 days last year.

How much can I save on real estate commission in DECATUR, IL?

With SELL123.com's maximum 3% commission, sellers in DECATUR, IL 62521 save an estimated $2,745 compared to a typical 5% commission on the median listing price of $137,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.