Is Decatur, IL 62523 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Decatur is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

Run the numbers for 62523

Prefilled for 62523Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62523Over-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 62521Seller’s market $91 /sq ft Decatur 62522Seller’s market $75 /sq ft Browse all markets →

Local agents

See all agents in 62523 →

No sponsored agents in 62523 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 62523

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