Decatur, IA Foreclosures
Current Market Conditions in in Decatur, IA As of February 2026?
Over the past month, Decatur has seen a slight uptick in the numbers of new listings, which has positively impacted the choices available for potential buyers. Market activity remains vibrant, with properties receiving attention and viewings shortly after being listed. The average time on the market has decreased slightly compared to previous months, indicating a growing interest in the area.
How much do homes sell for in Decatur, IA?
The average home price is currently $155,588.
In Decatur, IA, how many homes are available?
There are currently 7 active home listings available in Decatur.
What’s the average rental cost in Decatur, IA?
The average rental price in Decatur is $905.
What is the most expensive home in Decatur?
The most expensive home sold in Decatur had a price of $886,597.
What is currently the cheapest priced home in Decatur, IA?
The cheapest home for sale in Decatur is priced at $12,290.
Living in Decatur, IA
Decatur, IA is a close-knit rural community that offers a relaxing lifestyle amidst beautiful landscapes. With quality schools, local amenities, and plenty of outdoor activities, Decatur is perfect for families and individuals seeking peace and connection. The town's dedicated community spirit fosters a welcoming atmosphere for residents of all ages.
Buyer vs Seller Market in Decatur, IA
The real estate market in Decatur, IA is currently showing signs of stability, with a steady flow of properties available for sale. Home values have remained consistent, allowing buyers to enter the market with confidence and encouraging sellers to list their homes in a balanced environment.
Despite its rural setting, Decatur benefits from an increase in demand for homes as more individuals seek to move away from urban areas in search of affordable housing. Investors and first-time homebuyers are increasingly interested in the community due to its charm and accessibility.
Home Value Estimator For Decatur, IA
There are currently 162 real estate properties
in Decatur, IA,
with a median automated valuation model (AVM) price
of $102,883.00. 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, IA, 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, IA,
is $155,588.00, with the most expensive house
in Decatur, IA, topping out
at $886,597.00 and the cheapest home
in Decatur, IA,
clocking in at $12,290.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Decatur, IA!
Rent Prices
In Decatur, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Decatur, IA, is on
a rollercoaster ride. The
average rent price in Decatur, IA,
is $905.00. Indeed, when looking to rent in
Decatur, IA, you can expect to pay as little
as $600.00 or as much
as $1,600.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Decatur, IA
-- 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.