Is Decatur, IL 62521 a buyer’s or seller’s market?

The Decatur housing market right now

In the three months ending August 31, 2026, 22% of homes in Decatur, IL 62521 sold above their list price, the typical home went under contract in 21 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 168 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 35%, homes sold faster (25 days then) and the median sale price rose 7% to $154,933. Overall, Decatur is less competitive than a year ago, which gives buyers more room.

Within Macon County, homes here sell faster than in 73% of the county’s ZIP codes, and sell less often over asking than in 73%. On our competition score, Decatur ranks #338 of 464 IL ZIP codes with enough sales (score 55 out of 100).

Nearby, buyers who want less competition could look at Macon 62544 (0% sold over asking) or Dalton City 61925 (0% sold over asking), while Argenta 62501 (38% sold over asking) and Forsyth 62535 (31% sold over asking) are even more competitive.