Decatur, IL 62523 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demographics
Economy
Decatur, IL — 62523
Median Listing Price
$875
Population
707
Households
49,630
Median Days on Market
6
Active Listings
1
New Listings
2
Housing Market
Pricing
Median Listing Price
$875
-99.3% YoY
Average Listing Price
$875
-99.3% YoY
Price per Sq Ft
$0
-99.0% YoY
Median Sq Ft
1,831
-23.4% YoY
Inventory
Active Listings
1
-50.0% YoY
New Listings
2
-- YoY
Total Listings
1
-50.0% YoY
Buyer Competition
Pending Listings
--
-- YoY
Pending Ratio
--
-- YoY
Median Days on Market
6
-40.0% YoY
Price Reduced
0.0%
0.0% YoY
Units & Occupancy
2024 Occupancy
50K
units
Occupied
43,468
87.6%
Vacant
6,162
12.4%
2024 Tenure
43K
occupied
Owner
30,493
70.2%
Renter
12,975
29.8%
Renter Share
29.8%
-1.0% YoY
Total Housing Units
49,630
-0.1% YoY
FY2026 Fair Market Rent — Macon County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$840
/month
1 BR
$845
/month
2 BR
$1,063
/month
3 BR
$1,378
/month
4 BR
$1,706
/month
FMR Trends — Macon County
Source: HUD Fair Market Rents
Demographics
Median Age
40.6
2024
Population
ZIP Population
707
-11.8% YoY
Macon County Population
100,737
0.0% YoY
Households
Total Households
43,468
+0.3% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.27
-0.9% YoY
Age
2024 Age Mix
102K
residents
Under 18
23,066
22.6%
Adults 18–64
57,371
56.3%
65 & Over
21,412
21.0%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
23,066
-0.7% YoY
Population 65 & Over
21,412
+1.6% YoY
Median Age
40.60
-0.7% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
87.3%
Moved (within US)
12.5%
Other
0.2%
Veterans
6.8%
-4.2% YoY
Economy
Income
Median Household Income
$63K
+0.3% YoY
Per-Capita Income
$37K
+2.1% YoY
Mean Household Income
$84K
+0.3% YoY
Poverty
Below Poverty Level
15.0%
+2.7% YoY
Transportation to Work
2023 Commute Mode
of workers
Drove alone
82.4%
Public transit
0.8%
Worked from home
7.5%
Other
9.3%
Worked From Home
8.3%
+10.7% YoY
Mean Commute
19.40
+2.6% YoY
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