Decatur, AL

Population: 55,441
Average annual home appreciation rate: 19.49%
Total of homes for sale in this market: 44
Median home price: $120,557
Median Rent: $819 per room
Home price range: 38.56% of homes are between $100,001 – $200,000
Median sales price: Still gathering data
Number of homes: 324
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 66.95% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 9.42%
Number of renters: 40.11%
Number of owner occupied: 59.89%
Number people living below poverty level: 20.20%
Unemployment rate: 5.60%
Is this area perfect for real estate deals going on right now? 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.

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