Decatur, IL
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Decatur market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Decatur, IL.
The Decatur market is currently characterized as Cooling, primarily driven by a pending ratio of 0.33, which indicates demand absorption is trailing supply. This is further evidenced by a substantial 8.2% year-over-year decline in the pending ratio, reflecting a softening demand environment.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Jul 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Data not yet available.
Shows whether future inventory pressure may increase.
What's moving the Decatur market right now.
Active listings have expanded by 17.9% over the past year, contributing to an increased supply side, while new listings experienced an 8.3% contraction during the same period. Median listing prices have shown resilience with a 4.0% month-over-month increase but registered a 4.4% decline year-over-year. Concurrently, median days on market increased by 5.4% annually, suggesting a slower absorption pace. The share of price-reduced listings rose by 3.0% over the past year, indicating adjustments in pricing strategies.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The current market dynamics suggest that properties are taking longer to absorb, with median days on market rising and a notable share of price reductions. The expansion in active listings, coupled with a declining pending ratio, indicates that buyers may have increased opportunities for price discipline, influencing the pace of transactions. Pressure on pricing is evident as the market adjusts to evolving demand conditions.
No distinct luxury-segment signal in this dataset.
211 active listings represent the current floor, with new supply arriving at roughly 132 per month.
of active listings carry a price reduction, +3.0% from prior period.
Median price per square foot has moved -5.1% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Decatur, IL? Inventory is up 18% from last year.
Buyers have leverage in Decatur, IL. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 33%
- Median Days on Market
- 39 days
- Inventory YoY
- +18%
In a buyer's market, strategy beats timing. See how your home scores in Decatur, IL and what moves the number.
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