Decatur, TX


Highest Appreciating Decatur Neighborhoods Since 2000

Decatur, TX Real Estate Data

Decatur Housing Market Information

With a population of 6,521, 2,098 total housing units (homes and apartments), and a median house value of $170,565, Decatur real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Decatur, accounting for 68.64% of the city's housing units. Other types of housing that are prevalent in Decatur include large apartment complexes or high rise apartments ( 12.06%), row houses and other attached homes ( 7.37%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.78%).

The most prevalent building size and type in Decatur are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.37% owning and 45.63% renting.

There is a lot of housing in Decatur built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Decatur built between 1940-1969 ( 30.26%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.68%). There's also some housing in Decatur built before 1939 ( 7.80%).

Vacant housing appears to be an issue in Decatur. Fully 17.34% of the housing stock is classified as vacant. Left unchecked, vacant Decatur homes and apartments can be a drag on the real estate market, holding Decatur real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Decatur Home Appreciation Rates

In the last 10 years, Decatur has experienced some of the highest home appreciation rates of any community in the nation. Decatur real estate appreciated 45.12% over the last ten years, which is an average annual home appreciation rate of 3.79%, putting Decatur in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Decatur definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Decatur that despite a nationwide downturn in the housing market, Decatur real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Decatur appreciation rates continue to be some of the highest in America, at 8.07%, which is higher than appreciation rates in 91.82% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Decatur. Decatur appreciation rates in the latest quarter were at 3.93%, which equates to an annual appreciation rate of 16.66%.

Importantly, this makes Decatur one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Texas, our data show that Decatur's latest annual appreciation rate is higher than 70% of the other cities and towns in Texas.

Average Home Values


Median Home Value:


Value Range
> $1,272,000 0.1
$954,001 - $1,272,000 0.0
$636,001 - $954,000 0.2
$508,001 - $636,000 1.9
$382,001 - $508,000 5.2
$254,001 - $382,000 13.0
$127,001 - $254,000 44.5
$64,001 - $127,000 27.2
$0 - $64,000 7.9

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
42.5250336710195 26.0194174757282

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$1,250 / per month

Homeownership Rate

Owners 54.37
Renters 45.63
Vacant 17.34

Housing Market Details


Age of Homes

2000 or Newer 15.7
1970 - 1999 46.3
1940 - 1969 30.3
1939 or Older 7.8

Types of Homes

Single-Family 68.6
Townhomes 7.4
Small Apt. Buildings 6.8
Apt. Complexes 12.1
Mobile Homes 4.8
Other 0.4

Home Size

No Bedroom 0.47
1 Bedroom 9.10
2 Bedrooms 35.82
3 Bedrooms 46.30
4 Bedrooms 7.76
5 or more bedrooms 0.55

Decatur Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
77.18% 3.42% 6 9
* 10 is highest

Popular Neighborhoods in Decatur

Zip Codes in Decatur, TX