The housing market in 35601 Decatur, AL is experiencing an impressive growth rate. The median housing value in this area is $144,800, which is much lower than the US median house value of $338,100. However, the 1 year house appreciation rate in 35601 Decatur has been 15.32%, significantly higher than the US average appreciation rate of 8.27%. This means that homes are rapidly increasing in value and the people living in this area can expect to benefit from this trend into the future.
The median home cost in Decatur (zip 35601) is $144,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Decatur (zip 35601) is up 19.8%.
Average Age of Homes
- The median age of Decatur (zip 35601) real estate is 50 years old
The Rental Market in Decatur (zip 35601)
- Renters make up 37.6% of the Decatur (zip 35601) population
- 2.6% of houses and apartments in Decatur (zip 35601), 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.