The housing in Decatur, IL (zip code 62522) is quite attractive, with a median home value of $88,900. This is significantly lower than the US median home value of $338,100. In terms of appreciation over the past year, Decatur homes have increased in value by 10.25%, compared to 8.27% for the nation overall. This makes Decatur an attractive option for potential buyers looking to get more house without breaking the bank.
The median home cost in Decatur (zip 62522) is $88,900. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Decatur (zip 62522) is up 11.6%.
Average Age of Homes
- The median age of Decatur (zip 62522) real estate is 68 years old
The Rental Market in Decatur (zip 62522)
- Renters make up 32.2% of the Decatur (zip 62522) population
- 5.9% of houses and apartments in Decatur (zip 62522), 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.