Decatur City, IA has an impressive housing market. The median value of houses in Decatur City is $76,000, which is significantly lower than the US median house value of $338,100. The US saw a one-year house appreciation rate of 8.27% from 2019 to 2020; however, Decatur City's rate was even higher at 12.55%. This shows that Decatur City's housing market is continuing to grow and improve at a faster rate than the national average.
The median home cost in Decatur City is $76,000. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Decatur City is up 11.4%.
Average Age of Homes
- The median age of Decatur City real estate is 40 years old
The Rental Market in Decatur City
- Renters make up 12.4% of the Decatur City population
- 4.0% of houses and apartments in Decatur City, 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.