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Foreclosure Auction Homes in Decatur, AL

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Decatur, AL Foreclosures

How much do homes sell for in Decatur, AL?
The average home price is currently $238,362.
In Decatur, AL, how many homes are available?
There are currently 4 active home listings available in Decatur.
What’s the average rental cost in Decatur, AL?
The average rental price in Decatur is $1,070.
What is the most expensive home in Decatur?
The most expensive home sold in Decatur had a price of $13,175,058.
What is currently the cheapest priced home in Decatur, AL?
The cheapest home for sale in Decatur is priced at $10,158.

Living in Decatur, AL

Decatur, Alabama, is a picturesque city beside the Tennessee River, blending historic charm with modern conveniences. Residents enjoy a relaxed lifestyle supported by diverse recreational activities, a vibrant downtown, and numerous parks. The strong sense of community, along with friendly neighbors, makes Decatur an appealing place to live.

Current Market Conditions in Decatur, AL

The Decatur real estate market has shown steady growth over the past year, indicating a strong demand for homes. Buyers are increasingly attracted to the city's affordability compared to larger metropolitan areas, alongside its quality of life that offers both urban amenities and natural beauty.

The current trend reveals a competitive market, with homes selling faster than in previous years. The rising interest rates have slightly cooled the market, but Decatur continues to see a significant amount of real estate activity, especially among first-time homebuyers who appreciate the value of properties in the area.

Home Value Estimator For Decatur, AL

There are currently 21,142 real estate properties in Decatur, AL, with a median automated valuation model (AVM) price of $204,330.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Decatur, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Decatur, AL, is $238,362.00, with the most expensive house in Decatur, AL, topping out at $13,175,058.00 and the cheapest home in Decatur, AL, clocking in at $10,158.00. In other words, there’s something for every potential homebuyer or savvy investor in Decatur, AL!

Rent Prices In Decatur, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Decatur, AL, is on a rollercoaster ride. The average rent price in Decatur, AL, is $1,070.00. Indeed, when looking to rent in Decatur, AL, you can expect to pay as little as $470.00 or as much as $2,040.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Decatur, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Decatur, AL Foreclosure Auction Homes


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