The housing market in Decatur, TX is thriving. The median value of homes in Decatur is $378,900, which is significantly higher than the national median house price of $338,100. In the past year alone, the US average appreciation rate was 8.27%, while the appreciation rate for homes in Decatur was 16.66%. This shows that home values are increasing significantly faster in Decatur than they are nationally, making it an appealing option for those looking to purchase a home or invest in real estate.
The median home cost in Decatur is $378,900. Home appreciation the last 10 years has been 147.5%. Home Appreciation in Decatur is up 21.8%.
Average Age of Homes
- The median age of Decatur real estate is 37 years old
The Rental Market in Decatur
- Renters make up 35.9% of the Decatur population
- 1.0% of houses and apartments in Decatur, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.