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

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Decatur is a seller’s market. With about 1.8 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score55/ 100

More competitive than 56% of U.S. ZIP codes, and #338 of 464 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.8Under 4 months = seller’s market

Sold above original list21.5%Share of sales, last 3 months

Median sale-to-list96.6%Sold price ÷ list price

Median days on market21Listing to accepted offer

Median price per sq ft$91▼ −4.3% vs. last year

Run the numbers for 62521

Prefilled for 62521Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62521Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Argenta 62501Seller’s market $125 /sq ft Dalton City 61925 $122 /sq ft Decatur 62522Seller’s market $75 /sq ft Decatur 62523 — /sq ft Browse all markets →

Local agents

See all agents in 62521 →

No sponsored agents in 62521 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 62521

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology