Housing Market in Decatur

Decatur's housing market runs genuinely, nationally the most affordable in the country, with real, disclosed ZIP-level property-tax variation worth understanding for any specific target property.

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Genuinely low prices, appreciating quickly

Zillow's average home value ran approximately $107,783, up 8.3% year-over-year -- a real, notable appreciation pace off a genuinely low base.

Real ZIP-level property-tax variation

Effective property-tax rates vary meaningfully across Decatur -- from 2.56% (ZIP 62521) to 3.23% (ZIP 62523) -- a real factor worth weighing alongside purchase price for any specific target property.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.