Cities with the fastest growing home prices in Decatur, Illinois metro area

Written by:
September 29, 2022
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Cities with the fastest growing home prices in Decatur, Illinois metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Decatur, IL metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 12 cities and towns with data available were included in the list.

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1 / 12
Stacker

#12. Decatur, Illinois

- 1-year price change: +$12,216 (+14.3%)
- 5-year price change: +$23,977 (+32.7%)
- Typical home value: $97,357 (#12 most expensive city in metro)
2 / 12
Stacker

#11. Maroa, Illinois

- 1-year price change: +$14,120 (+11.5%)
- 5-year price change: +$35,585 (+35.2%)
- Typical home value: $136,752 (#8 most expensive city in metro)
3 / 12
Stacker

#10. Long Creek, Illinois

- 1-year price change: +$14,160 (+10.0%)
- 5-year price change: +$36,665 (+30.7%)
- Typical home value: $156,031 (#4 most expensive city in metro)
4 / 12
Stacker

#9. Dalton City, Illinois

- 1-year price change: +$14,387 (+11.5%)
- 5-year price change: +$28,151 (+25.4%)
- Typical home value: $139,006 (#7 most expensive city in metro)
5 / 12
Stacker

#8. Mount Zion, Illinois

- 1-year price change: +$15,963 (+10.7%)
- 5-year price change: +$33,922 (+25.8%)
- Typical home value: $165,314 (#2 most expensive city in metro)

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6 / 12
Stacker

#7. Harristown, Illinois

- 1-year price change: +$17,801 (+17.9%)
- 5-year price change: +$39,078 (+50.1%)
- Typical home value: $117,057 (#11 most expensive city in metro)
7 / 12
Stacker

#6. Niantic, Illinois

- 1-year price change: +$18,189 (+17.9%)
- 5-year price change: +$39,951 (+50.0%)
- Typical home value: $119,818 (#10 most expensive city in metro)
8 / 12
Stacker

#5. Warrensburg, Illinois

- 1-year price change: +$18,695 (+15.3%)
- 5-year price change: +$37,484 (+36.2%)
- Typical home value: $140,980 (#6 most expensive city in metro)
9 / 12
Stacker

#4. Macon, Illinois

- 1-year price change: +$19,582 (+17.3%)
- 5-year price change: +$37,754 (+39.7%)
- Typical home value: $132,928 (#9 most expensive city in metro)
10 / 12
Stacker

#3. Oreana, Illinois

- 1-year price change: +$20,319 (+15.1%)
- 5-year price change: +$37,268 (+31.7%)
- Typical home value: $154,991 (#5 most expensive city in metro)

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11 / 12
Stacker

#2. Argenta, Illinois

- 1-year price change: +$22,514 (+16.5%)
- 5-year price change: +$36,749 (+30.1%)
- Typical home value: $158,977 (#3 most expensive city in metro)
12 / 12
Stacker

#1. Forsyth, Illinois

- 1-year price change: +$29,954 (+11.8%)
- 5-year price change: +$55,662 (+24.5%)
- Typical home value: $282,939 (#1 most expensive city in metro)

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