The housing market in Decatur, IN is thriving. According to the data, the median value of homes in Decatur is a healthy $184,000 and appreciating at an impressive 9.06% rate over the last year. This is higher than the national average of 8.27% annual appreciation, indicating that Decatur is a desirable place to live with more demand for housing than other areas. Despite this, the median price of homes in Decatur still pales in comparison to the US house median value of $338,100. With high levels of appreciation and relatively low home prices compared to the rest of the nation, Decatur presents an attractive opportunity for those looking to buy or invest in property.
The median home cost in Decatur is $184,000. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Decatur is up 15.6%.
Average Age of Homes
- The median age of Decatur real estate is 58 years old
The Rental Market in Decatur
- Renters make up 28.9% of the Decatur population
- 0.0% 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.