Decatur Metro Area, IL Housing

The housing market in Decatur, IL Metro Area is relatively stable, with a median value of $101,100. This is significantly lower than the US median house value of $338,100, yet still slightly higher than the US 1 year house appreciation rate of 8.27%. The 1 year house appreciation rate in the Decatur area is 8.01%, indicating that it has appreciated at a slightly slower rate than the national average. Despite this, home values in Decatur remain strong and should continue to hold steady for years to come.

The median home cost in Decatur Metro Area is $101,100. Home appreciation the last 10 years has been 34.0%. Home Appreciation in Decatur Metro Area is up 11.7%.

Average Age of Homes

- The median age of Decatur Metro Area real estate is 55 years old

The Rental Market in Decatur Metro Area

- Renters make up 27.5% of the Decatur Metro Area population
- 3.4% of houses and apartments in Decatur Metro Area, 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, Illinois	United States
	49,832.0	139,647,020.0
	58	42
	$101,100	$338,100
	11.7%	16.6%
	29.2%	57.0%
	34.0%	101.1%
	$22.76	$10.98
	$2,410	$2,690
	60.0%	57.4%
	13.2%	11.2%
	26.8%	31.4%
Vacant Housing
	3.4%	1.9%
	0.6%	0.4%
	0.8%	0.7%
	0.9%	0.4%
	0.5%	3.6%
	7.0%	4.1%
Value of Owner-Occupied Housing
	4.8%	2.6%
	7.0%	2.4%
	8.3%	2.8%
	12.9%	3.9%
	13.6%	4.5%
	23.8%	11.3%
	12.5%	13.0%
	10.4%	20.1%
	4.3%	13.6%
	1.1%	8.3%
	0.9%	9.7%
	0.1%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	6.6%	13.6%
	6.6%	13.6%
	7.5%	13.6%
	7.5%	13.2%
	17.3%	14.8%
	7.5%	13.6%
	18.8%	10.0%
	8.6%	4.7%
	17.8%	12.2%

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