Market Intelligence Report — IN-540

Decatur, IN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IN-08
As of the latest 2026 data
Very Competitive

Median Listing

$277K
+30.5% YoY

Pending Ratio

0.84
+1.8% YoY

Active Inventory

31
-20.5% YoY

Median DOM

53 Days
+35.9% YoY

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The Decatur market is currently Very Competitive, with a pending ratio of 0.84 indicating strong demand absorption relative to available inventory. Median listing prices have experienced a significant 30.5% increase year-over-year, reaching $276,750.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Decatur market right now.

Active listings have contracted by 20.5% year-over-year, while new listings decreased by 25.0% over the past year, contributing to persistent supply constraints. Concurrently, the median listing price has shown robust year-over-year growth of 30.5%, although a month-over-month decline of 2.9% was observed in the most recent period. The pending ratio has increased by 1.8% year-over-year, reaching 0.84, reflecting sustained demand pressure.

Historical Analysis

Market Trends

Median Price

$277K-2.9% MoM

Active Inventory

31-20.5% YoY

Days on Market

53+35.9% YoY

Sold Score™

82+1.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

82
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio of 0.84 signifies that buyer interest is substantially outpacing the rate of new supply, putting significant upward pressure on pricing and transaction pace. With active listings contracting over the past year, inventory remains tight, suggesting limited opportunities for price negotiation and quicker absorption of available properties. The market conditions favor properties that are priced acutely to current demand.

Luxury Segment

While the median listing price increased by 30.5% year-over-year, the average listing price experienced a more pronounced increase of 48.9% over the past year, suggesting upward movement in the higher-priced segments. Median $/sqft grew by 2.6% year-over-year, indicating a modest appreciation in value per square foot across the market. The larger spread between average and median price, coupled with growth in both, does not indicate a distinct luxury-segment softness; rather, it suggests an overall increase in price points, including at the higher end.

Supply Dynamics

31 active listings represent the current floor, with new supply arriving at roughly 24 per month.

Pricing Pressure
24.1%

of active listings carry a price reduction, +3.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.6% year-over-year.

Absorption
0.84

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Decatur, IN? Homes here are taking 14 days longer to sell than last year.

Demand in Decatur, IN is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
84%
Median Days on Market
53 days
Inventory YoY
−21%

Demand is strong in Decatur, IN. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Decatur, IN
CBSA Code
19540
State
IN
Analysis FAQ
  • What is the current market condition in Decatur?+

    As of the latest 2026 data, the Decatur metro is classified as Very Competitive. Pending ratio is 0.84 with median days on market at 53.

  • Are home prices dropping in Decatur?+

    Median listing price is $277K, +30.5% year over year. 24.1% of active listings carry a price reduction.

  • How fast are homes selling in Decatur?+

    The typical listing sits 53 days on market, a +35.9% change YoY. New listings are arriving at 24 per month.

  • What's happening in the Decatur luxury market?+

    While the median listing price increased by 30.5% year-over-year, the average listing price experienced a more pronounced increase of 48.9% over the past year, suggesting upward movement in the higher-priced segments. Median $/sqft grew by 2.6% year-over-year, indicating a modest appreciation in value per square foot across the market. The larger spread between average and median price, coupled with growth in both, does not indicate a distinct luxury-segment softness; rather, it suggests an overall increase in price points, including at the higher end.

  • Where can I find a trusted Decatur real estate expert?+

    Primpted maintains a vetted registry of Decatur agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 19540 · 36mo history