Homes for Sale in Decatur, IL

Decatur is Central Illinois' industrial heart, home to Lake Decatur, Millikin University, and major employers in agriculture and manufacturing, and it's the largest market in our service area by a wide margin. With hundreds of active listings at any given time across every price point, Decatur offers choice the smaller towns can't match, and Grissom Schmitz Realty can show you any of it, no matter the listing office.

There are currently 362 active listings in Decatur, IL with an average list price of $210,162 and a median of $119,899.

Listings in Decatur have been on the market an average of 167 days.

The current inventory is made up of 229 residential homes, 63 lots and land parcels, 63 commercial properties and 7 other listings.

Living in Decatur

Neighborhoods range from historic districts near Millikin and the lake to post-war subdivisions, newer builds on the growing southeast side toward Mt. Zion, and everything between, with one of the lowest costs of housing among Illinois cities its size.

Decatur Public Schools District 61 serves most of the city, with Mt. Zion, Meridian, and other districts covering the surrounding communities. Millikin University and Richland Community College anchor higher education.

Lake Decatur threads through the southeast side with lakefront homes and parks; Scovill Zoo, the Devon Lakeshore Amphitheater, and an extensive park system round out recreation.

Decatur real estate FAQs

What is the average home price in Decatur, IL?

As of October 30, 2026, there are 362 active listings in Decatur, IL with an average list price of $210,162 and a median list price of $119,899. Grissom Schmitz Realty can show you any of them — call 217-562-7078.

What school districts serve Decatur, IL?

Decatur Public Schools District 61 covers most of the city, with surrounding communities served by districts including Mt. Zion CUSD 3 and Meridian CUSD 15.

Are there lakefront homes in Decatur?

Yes, Lake Decatur has established lakefront and lake-view neighborhoods, primarily on the city's southeast side.

Who are Decatur's major employers?

Agribusiness and manufacturing lead, including ADM and Caterpillar, alongside healthcare systems, Millikin University, and Richland Community College.

Why buy in Decatur?

Selection and value: hundreds of active listings across every price range, with housing costs well below national averages.

Looking for something in Decatur?

Tell us what you need and we'll watch the market for you.

Call 217-562-7078

Disclaimer: All data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Central Illinois Board of Realtors. Detailed information about real estate listings held by brokerage firms other than Grissom Schmitz Realty include the name of the listing broker. Neither the listing company nor Grissom Schmitz Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. All properties are subject to prior sale, changes, or withdrawal.

Copyright 2026 Central Illinois Board of Realtors. All rights reserved. This site was last updated 10/29/2026, 6:53:34 PM (Central Time).