Is Decatur, IL 62522 a buyer’s or seller’s market?

The Decatur housing market right now

In the three months ending August 31, 2026, 31% of homes in Decatur, IL 62522 sold above their list price, the typical home went under contract in 24 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 60 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (27 days then) and the median sale price rose 14% to $137,940. Overall, Decatur is more competitive than a year ago, so tougher for buyers.

Within Macon County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell more often over asking than in 82%. On our competition score, Decatur ranks #298 of 464 IL ZIP codes with enough sales (score 60 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) is even more competitive.