The housing in Decatur, IL (62521) is very affordable with a median value of $108,900. This is significantly lower than the US median house value of $338,100. In the past year, the US average house appreciation was 8.27%, while houses in Decatur saw an appreciation of 10.25%. This indicates that homes in Decatur are appreciating at a rate higher than the national average and could be a sound investment for those looking to get into the real estate market.
The median home cost in Decatur (zip 62521) is $108,900. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Decatur (zip 62521) is up 11.6%.
Average Age of Homes
- The median age of Decatur (zip 62521) real estate is 57 years old
The Rental Market in Decatur (zip 62521)
- Renters make up 24.0% of the Decatur (zip 62521) population
- 2.2% of houses and apartments in Decatur (zip 62521), 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.