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Foreclosures in Decatur, IN 46733

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Decatur, IN Foreclosures

How much do homes sell for in Decatur, IN?
The average home price is currently $252,454.
In Decatur, IN, how many homes are available?
There are currently 32 active home listings available in Decatur.
What’s the average rental cost in Decatur, IN?
The average rental price in Decatur is $1,140.
What is the most expensive home in Decatur?
The most expensive home sold in Decatur had a price of $2,989,060.
What is currently the cheapest priced home in Decatur, IN?
The cheapest home for sale in Decatur is priced at $13,548.

Living in Decatur, IN

Decatur, IN, is a welcoming small town known for its strong sense of community and family-friendly environment. With a variety of parks and local shops, residents can enjoy an active lifestyle filled with recreational opportunities and engaging events. Its strategic location provides easy access to nearby cities, enhancing its appeal for families and professionals alike.

Current Market Conditions in Decatur, IN

The real estate market in Decatur has been relatively stable, showing modest growth over the past year. The combination of affordable housing prices and the attractiveness of community amenities has led to a steady demand for homes in this area. Buyers are drawn to Decatur's small-town charm, as well as its accessibility to larger metropolitan areas.

There has been an increase in interest from buyers looking for suburban homes, as many families continue to seek areas with good schools and safe neighborhoods. The average days on the market for homes has decreased, signaling a competitive environment for prospective buyers.

Home Value Estimator For Decatur, IN

There are currently 6,309 real estate properties in Decatur, IN, with a median automated valuation model (AVM) price of $211,995.00. 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, IN, 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, IN, is $252,454.00, with the most expensive house in Decatur, IN, topping out at $2,989,060.00 and the cheapest home in Decatur, IN, clocking in at $13,548.00. In other words, there’s something for every potential homebuyer or savvy investor in Decatur, IN!

Rent Prices In Decatur, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Decatur, IN, is on a rollercoaster ride. The average rent price in Decatur, IN, is $1,140.00. Indeed, when looking to rent in Decatur, IN, you can expect to pay as little as $570.00 or as much as $2,360.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Decatur, IN -- 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, IN 46733 Foreclosures


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