The housing market in 72722 Decatur, AR is very strong. The median housing value for the area is $232,600, which is significantly lower than the US median of $338,100. This difference makes Decatur an attractive option for potential homebuyers looking to get more for their money. In addition to this, the 1 year house appreciation rate in Decatur is 16.21%, which is almost double the national rate of 8.27%. With such a high appreciation rate, investing in a home here can provide good returns over time. All these factors make 72722 Decatur a great place to buy or invest in housing.
The median home cost in Decatur (zip 72722) is $232,600. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Decatur (zip 72722) is up 23.4%.
Average Age of Homes
- The median age of Decatur (zip 72722) real estate is 27 years old
The Rental Market in Decatur (zip 72722)
- Renters make up 29.4% of the Decatur (zip 72722) population
- 1.8% of houses and apartments in Decatur (zip 72722), 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.