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Decatur, IL Foreclosures

Current Market Conditions in in Decatur, IL As of February 2026?
Over the past month, Decatur's housing market has seen a slight uptick in listing prices as the demand continues to rise. Realtors report an increased interest from out-of-town buyers looking for affordable options compared to nearby metropolitan areas. The market remains active with homes selling quickly, indicating that it may be an optimal time for sellers to list their properties.
How much do homes sell for in Decatur, IL?
The average home price is currently $144,804.
In Decatur, IL, how many homes are available?
There are currently 8 active home listings available in Decatur.
What’s the average rental cost in Decatur, IL?
The average rental price in Decatur is $1,004.
What is the most expensive home in Decatur?
The most expensive home sold in Decatur had a price of $47,664,610.
What is currently the cheapest priced home in Decatur, IL?
The cheapest home for sale in Decatur is priced at $10,028.

Living in Decatur, IL

Decatur, Illinois is a vibrant and welcoming community that offers a balanced lifestyle with access to great amenities, parks, and schools. Known for its friendly atmosphere, Decatur features a variety of recreational options and local attractions, making it ideal for both families and professionals alike.

Buyer vs Seller Market in Decatur, IL

Decatur's real estate market is currently experiencing a steady increase in home values due to an influx of new residents and remodeling efforts in older neighborhoods. The diversity of housing options ranges from historic homes to newer developments, appealing to various buyer preferences.

The rental market is also competitive, with a growing number of families looking for quality rental homes, which has led to an increase in rental prices along with home sales.

Home Value Estimator For Decatur, IL

There are currently 32,817 real estate properties in Decatur, IL, with a median automated valuation model (AVM) price of $108,053.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Decatur, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Decatur, IL, is $144,804.00, with the most expensive house in Decatur, IL, topping out at $47,664,610.00 and the cheapest home in Decatur, IL, clocking in at $10,028.00. In other words, there’s something for every potential homebuyer or savvy investor in Decatur, IL!

Rent Prices In Decatur, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Decatur, IL, is on a rollercoaster ride. The average rent price in Decatur, IL, is $1,004.00. Indeed, when looking to rent in Decatur, IL, you can expect to pay as little as $430.00 or as much as $2,520.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Decatur, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Decatur, IL Search Results


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