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Decatur, IL Real Estate & Property Data

Decatur Real Estate Market Trends

Last Updated: May 02, 2024

Accurate and comprehensive real estate data is critical for insight into Decatur, IL. ATTOM’s Decatur real estate data is updated daily, and current market trends show that in Decatur, IL a total of 1,765 residential properties have sold over the past year. With a median home price of $113,500 in Decatur and a total of 12 foreclosures. Get detailed property data for Decatur, IL instantly. ATTOM is your one-stop-shop for the Decatur property reports and real estate data you need in Decatur, IL.

Decatur Real Estate Market Trends

Get property data for any address in Decatur, IL or the country:

Total Residential Properties 32,135

Total Commercial Properties 2,322

Avg. Home Age (Single Family Home) 68 Years

Avg. Square Feet (Single Family Home) 1,261

Total 2024 Residential Sales (year-to-date) 331

% of Homes Seriously Underwater (Q2 2024) 2.03%

Total 2023 Residential Sales 1,604

% of Equity Rich Homes (Q2 2024) 16.64%

Effective 2023 Property Tax 2.13%

Total Foreclosure Filings (year-to-date) 31

Decatur, IL Real Estate Overview

There were 1,765 residential properties sold in the past year in Decatur, IL. The median home value in Decatur, IL is $85,546. There are a total of 32,135 residential properties in the Decatur.

Median Sales Price i

$113,500

(Mar 2024)

+6.6%

year-over-year

y-o-y

March '24 Mar '24 $113,500
February '24 Feb '24 $126,000
January '24 Jan '24 $125,000
December '23 Dec '23 $102,500
November '23 Nov '23 $115,000
October '23 Oct '23 $119,500
September '23 Sep '23 $110,000
August '23 Aug '23 $120,500
July '23 Jul '23 $118,000
June '23 Jun '23 $126,750
May '23 May '23 $130,500
April '23 Apr '23 $120,000

Median Down Payment i

$9,000

(Mar 2024)

+9.1%

year-over-year

y-o-y

March '24 Mar '24 $9,000
February '24 Feb '24 $7,038
January '24 Jan '24 $8,370
December '23 Dec '23 $10,150
November '23 Nov '23 $15,000
October '23 Oct '23 $10,000
September '23 Sep '23 $7,698
August '23 Aug '23 $11,500
July '23 Jul '23 $8,000
June '23 Jun '23 $9,875
May '23 May '23 $8,250
April '23 Apr '23 $6,500

Number of Homes Sold i

144

(Mar 2024)

+14.3%

year-over-year

y-o-y

March '24 Mar '24 144
February '24 Feb '24 92
January '24 Jan '24 95
December '23 Dec '23 117
November '23 Nov '23 138
October '23 Oct '23 147
September '23 Sep '23 170
August '23 Aug '23 170
July '23 Jul '23 125
June '23 Jun '23 208
May '23 May '23 119
April '23 Apr '23 114

Number of Purchase Loans i

91

(Mar 2024)

+23%

year-over-year

y-o-y

March '24 Mar '24 91
February '24 Feb '24 65
January '24 Jan '24 60
December '23 Dec '23 96
November '23 Nov '23 74
October '23 Oct '23 85
September '23 Sep '23 106
August '23 Aug '23 94
July '23 Jul '23 75
June '23 Jun '23 155
May '23 May '23 72
April '23 Apr '23 72

Number of REFI Loans i

46

(Mar 2024)

+84%

year-over-year

y-o-y

March '24 Mar '24 46
February '24 Feb '24 39
January '24 Jan '24 32
December '23 Dec '23 31
November '23 Nov '23 53
October '23 Oct '23 38
September '23 Sep '23 40
August '23 Aug '23 86
July '23 Jul '23 30
June '23 Jun '23 21
May '23 May '23 15
April '23 Apr '23 15

Number of HELOC Loans i

36

(Mar 2024)

-7.7%

year-over-year

y-o-y

March '24 Mar '24 36
February '24 Feb '24 17
January '24 Jan '24 25
December '23 Dec '23 35
November '23 Nov '23 21
October '23 Oct '23 31
September '23 Sep '23 29
August '23 Aug '23 48
July '23 Jul '23 27
June '23 Jun '23 32
May '23 May '23 31
April '23 Apr '23 25

Decatur, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value
Zip
Median Est. Value

62521
$85,546 $67.82/sqft
62522
$74,838 $64.32/sqft
62523
$130,356 $169.51/sqft
62526
$78,496 $66.5/sqft

Decatur, IL Foreclosure Activity

There were a total of 12 Decatur, IL properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

12

(Mar 2024)

+50%

year-over-year

y-o-y

March '24 Mar '24 12
February '24 Feb '24 6
January '24 Jan '24 13
December '23 Dec '23 3
November '23 Nov '23 16
October '23 Oct '23 4
September '23 Sep '23 24
August '23 Aug '23 14
July '23 Jul '23 6
June '23 Jun '23 10
May '23 May '23 10
April '23 Apr '23 14

Foreclosure Starts i

2

(Mar 2024)

-33.3%

year-over-year

y-o-y

March '24 Mar '24 2
February '24 Feb '24 1
January '24 Jan '24 5
December '23 Dec '23 1
November '23 Nov '23 4
October '23 Oct '23 3
September '23 Sep '23 9
August '23 Aug '23 7
July '23 Jul '23 3
June '23 Jun '23 5
May '23 May '23 6
April '23 Apr '23 3

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 4
January '24 Jan '24 9
December '23 Dec '23 1
November '23 Nov '23 3
October '23 Oct '23 3
September '23 Sep '23 4
August '23 Aug '23 N/A
July '23 Jul '23 3
June '23 Jun '23 5
May '23 May '23 2
April '23 Apr '23 1

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