Home Values

Decatur Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$87,300

  • -7.9% 1-year change
  • None 1-year forecast

The median home value in Decatur is $87,300. Decatur home values have declined -7.9% over the past year. The median price of homes currently listed in Decatur is $124,900 while the median price of homes that sold is $87,500. The median rent price in Decatur is $750, which is lower than the Huntsville Metro median of $950.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Decatur is 2.6%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Decatur homeowners underwater on their mortgage is 28.8%.

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Relative ZHVI
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Decatur Market Overview

Data through Jan 31, 2015
  • $87,300 ZHVI
  • No data 1-yr forecast
  • $124,900 Median listing price
  • $87,500 Median sale price
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Decatur Market Health

Data through Jan 31, 2015
  • 1.4/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 28.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Madison $192,500
Priceville $151,700
Harvest $150,100
Name Median ZHVI
Hartselle $125,600
Falkville $110,200
Eva $109,500

Listings & Sales

Data through Jan 31, 2015
  • $69 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
27.9%
Sold below listing
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Decatur Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $853 Decatur
    $1,055 Huntsville Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $750 Rent list price
  • $0.57 Rent list price / sq ft
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