Decatur Metro Area, IN Housing

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United States / Indiana / Decatur Metro Area / Counties / Cities / Zip Codes
The housing market in the Decatur, IN Metro Area is quite strong. The median value of a home in this area is $194,200, which is nearly 60% lower than the US house median value of $338,100. Despite having a lower median value than the national average, homes in the Decatur Metro Area have appreciated at a rate of 9.06%, compared to 8.27% nationally. This shows that the housing market in the Decatur Metro Area has been performing better than its national counterpart over the past year. With reasonable prices and excellent appreciation potential, it is clear why Decatur has become an attractive option for many potential homebuyers.

The median home cost in Decatur Metro Area is $194,200. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Decatur Metro Area is up 15.6%.

Average Age of Homes
- The median age of Decatur Metro Area real estate is 53 years old
The Rental Market in Decatur Metro Area
- Renters make up 20.2% of the Decatur Metro Area population
- 0.5% of houses and apartments in Decatur Metro Area, are available to rent

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

  HousingDecatur, IndianaUnited States
  Vacant Housing
  Value of Owner-Occupied Housing
  Housing Units by Year Structure Built