The housing market in Decatur, AR is thriving with a median value of $219,800 and an impressive 1 year appreciation rate of 16.21%. This is significantly higher than the US median value of $338,100 and 8.27% appreciation rate. This speaks to the desirability of the area and suggests an opportunity for potential buyers to invest in real estate here. With its proximity to major metropolitan areas, Decatur could be an attractive option for those looking to buy a home.
The median home cost in Decatur is $219,800. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Decatur is up 23.4%.
Average Age of Homes
- The median age of Decatur real estate is 30 years old
The Rental Market in Decatur
- Renters make up 40.2% of the Decatur population
- 3.5% 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.