Betty's Weekly Market Report

Decatur, IL

Single-Family Homes

Betty Fernandez, REALTOR®/Broker-Associate | (805) 766-1495 | Betty@Betty4RealEstate.com



Decatur, IL

Tue Sep 29 2026
This week the median list price for Decatur, IL is $141,300 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has increased to 182. Click here to stay informed with the Decatur market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Decatur, IL

Tue Sep 29 2026
This week the median list price for Decatur, IL is $141,300 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has increased to 182. Click here to stay informed with the Decatur market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Decatur market.
Median List Price $141,300
Median Price of New Listings $106,000
Per Square Foot $83
Average Days on Market 71
Median Days on Market 39
Price Decreased 45%
Price Increased 0%
Relisted 4%
Inventory 182
Median Rent
Market Action 45
Strong Seller's Market

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$298,750 2,856 0.5 - 1 acre 4 3 53 2 6 49
$170,000 1,747 0.25 - 0.5 acre 3 2 68 5 8 21
$83,750 1,194 6,500 - 8,000 sqft 3 1 78 10 4 31
$40,000 947 4,500 - 6,500 sqft 2 1 101 4 5 56