Decatur, MS Foreclosures
How much do homes sell for in Decatur, MS?
The average home price is currently $174,310.
In Decatur, MS, how many homes are available?
There are currently 3 active home listings available in Decatur.
What’s the average rental cost in Decatur, MS?
The average rental price in Decatur is $1,049.
What is the most expensive home in Decatur?
The most expensive home sold in Decatur had a price of $1,216,209.
What is currently the cheapest priced home in Decatur, MS?
The cheapest home for sale in Decatur is priced at $27,600.
Living in Decatur, MS
Decatur, MS is a charming small town that offers a peaceful lifestyle with a welcoming community. It features various local amenities, great schools, and beautiful parks, making it an ideal choice for families and retirees. The town's natural beauty, highlighted by the nearby Chunky River, enhances its appeal for outdoor enthusiasts.
Current Market Conditions in Decatur, MS
The real estate market in Decatur, MS is characterized by a steady demand for homes, with many buyers seeking the tranquil lifestyle that the town offers. Home prices have seen a reasonable increase over the past year, indicating healthy growth in the property values.
There has been a noticeable trend of moving towards suburban areas, with Decatur being an attractive option for those seeking affordable housing outside major urban centers. Overall, the market remains competitive, and new listings are often viewed quickly.
Home Value Estimator For Decatur, MS
There are currently 767 real estate properties
in Decatur, MS,
with a median automated valuation model (AVM) price
of $140,565.00. 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, MS, 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, MS,
is $174,310.00, with the most expensive house
in Decatur, MS, topping out
at $1,216,209.00 and the cheapest home
in Decatur, MS,
clocking in at $27,600.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Decatur, MS!
Rent Prices
In Decatur, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Decatur, MS, is on
a rollercoaster ride. The
average rent price in Decatur, MS,
is $1,049.00. Indeed, when looking to rent in
Decatur, MS, you can expect to pay as little
as $600.00 or as much
as $2,090.00,
with the average rent median estimated to
be $1,010.00. The good news is that finding
an affordable and desirable property to rent in Decatur, MS
-- 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.