Zip 62526 (Decatur, IL) Housing

Decatur, IL has an average housing median value of $85,400, which is significantly lower than the US house median value of $338,100. Despite this difference in price, Decatur's houses have appreciated over the past year by 10.25%, a rate higher than the national appreciation rate of 8.27%. This suggests that Decatur may be experiencing a real estate market boom with rising demand for housing in the area and increasing values for existing homes. Overall, Decatur offers an affordable option for prospective home buyers with potential future appreciation for current homeowners.

The median home cost in Decatur (zip 62526) is $85,400. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Decatur (zip 62526) is up 11.6%.

Average Age of Homes

- The median age of Decatur (zip 62526) real estate is 53 years old

The Rental Market in Decatur (zip 62526)

- Renters make up 35.3% of the Decatur (zip 62526) population
- 3.7% of houses and apartments in Decatur (zip 62526), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Decatur, Illinois	United States
	16,347.0	139,647,020.0
	54	42
	$85,400	$338,100
	11.6%	16.6%
	29.0%	57.0%
	33.9%	101.1%
	$24.15	$10.98
	$1,985	$2,690
	51.0%	57.4%
	12.2%	11.2%
	36.7%	31.4%
Vacant Housing
	3.7%	1.9%
	0.9%	0.4%
	0.6%	0.7%
	0.8%	0.4%
	0.4%	3.6%
	5.8%	4.1%
Value of Owner-Occupied Housing
	7.5%	2.6%
	11.9%	2.4%
	11.6%	2.8%
	17.5%	3.9%
	13.3%	4.5%
	19.7%	11.3%
	11.0%	13.0%
	5.4%	20.1%
	1.5%	13.6%
	0.3%	8.3%
	0.1%	9.7%
	0.1%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.8%	13.6%
	2.8%	13.6%
	8.6%	13.6%
	10.6%	13.2%
	23.4%	14.8%
	8.6%	13.6%
	20.8%	10.0%
	7.4%	4.7%
	12.3%	12.2%

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