Decatur, IL—62521
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$124,000
10.1% YoY Growth
Household Income
$66,800
21.8% YoY Growth
Days on Market
51
88.0% Longer YoY
Home Price Forecast
1.2%
Median Rent
$880
2.0% YoY Growth
1-Bed Rent
$865
N/A
2-Bed Rent
$850
2.2% YoY Growth
3-Bed Rent
$1,070
2.7% YoY Growth
Home Price Trends — Decatur, IL
As of May '26, the median home price in Decatur, IL is $124,000, with a year-over-year change of 10.1%. This indicates that home prices in Decatur, IL are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $124,000 | 10.1% |
| Single Family | $125,000 | 9.6% |
| Condos | $91,000 | 8.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |