Zip 37322 (Decatur, TN) Housing

The housing market in Decatur, TN (zip code 37322) is performing well. The median value of houses in Decatur is $231,700, which is lower than the US House Median Value of $338,100. Despite the lower house price, the 1 year house appreciation rate for Decatur is 13.88%, which is higher than the US 1 year House Appreciation rate of 8.27%. This indicates that Decatur's housing market is appreciating faster than most markets across the nation. As a result, investing in real estate in Decatur could be a wise choice for those looking to take advantage of the current market conditions.

The median home cost in Decatur (zip 37322) is $231,700. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Decatur (zip 37322) is up 22.8%.

Average Age of Homes

- The median age of Decatur (zip 37322) real estate is 26 years old

The Rental Market in Decatur (zip 37322)

- Renters make up 18.0% of the Decatur (zip 37322) population
- 0.7% of houses and apartments in Decatur (zip 37322), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Decatur, Tennessee	United States
	3,612.0	139,647,020.0
	30	42
	$231,700	$338,100
	22.8%	16.6%
	73.7%	57.0%
	99.2%	101.1%
	$4.46	$10.98
	$629	$2,690
	68.7%	57.4%
	8.5%	11.2%
	22.8%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.4%	0.4%
	3.4%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	5.8%	2.6%
	6.0%	2.4%
	5.1%	2.8%
	6.4%	3.9%
	8.7%	4.5%
	21.8%	11.3%
	18.7%	13.0%
	13.8%	20.1%
	6.2%	13.6%
	1.2%	8.3%
	4.7%	9.7%
	1.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	22.0%	13.6%
	22.0%	13.6%
	23.8%	13.6%
	15.7%	13.2%
	14.0%	14.8%
	23.8%	13.6%
	3.3%	10.0%
	1.4%	4.7%
	5.3%	12.2%

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