Decatur, IN Foreclosures
How much do homes sell for in Decatur, IN?
The average home price is currently $252,329.
In Decatur, IN, how many homes are available?
There are currently 28 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 $2,865,974.
What is currently the cheapest priced home in Decatur, IN?
The cheapest home for sale in Decatur is priced at $13,647.
Living in Decatur, IN
Decatur, IN is a welcoming small town with a strong sense of community, excellent schools, and plenty of outdoor activities. Its charming downtown area and local amenities make it a perfect place for families and individuals seeking a peaceful lifestyle. With a blend of nature and culture, Decatur is a hidden gem in Adams County.
Current Market Conditions in Decatur, IN
Decatur's real estate market has shown a steady increase in property values over the last year, with more families and individuals moving to the area. The demand for homes has led to a competitive market, with listings often receiving multiple offers, particularly for single-family homes. Buyers are attracted to the town's affordability compared to larger urban areas nearby, making it an appealing choice for first-time homeowners and growing families.
In recent months, the market has stabilized somewhat, with a slight influx of new listings helping to meet the demand. However, the average time homes spend on the market remains relatively low, indicating that the town's popularity continues to grow.
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 $212,405.00. 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 $252,329.00, with the most expensive house
in Decatur, IN, topping out
at $2,865,974.00 and the cheapest home
in Decatur, IN,
clocking in at $13,647.00. 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.
Learn more on Foreclosure homes
