$2,013 Closing Credit*
$169,500
3 Beds
•2 Full Baths
Kent Arnold, Listing Office: Heartland Auction & Realty,Inc
Is Decatur, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Decatur has remained a Seller's Market.
Key Takeaway
Decatur is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Decatur, IN
How much do homes in Decatur, IN cost?
Median Sold Price
$151,000
$104/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$13,500(-8.2%)
Key Takeaway
Homes in Decatur have sold for 8.2% less than they did a month ago.
Summary: The median home sold price in Decatur was $151,000 in November 2024, down 8.2% from last month, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $130K | N/A |
| 2 Bedrooms | $145K | $147K | +1.4% |
| 3 Bedrooms | $174.9K | $207.5K | +18.6% |
| 4 Bedrooms | $164.5K | - | N/A |
| 5+ Bedrooms | $295K | - | N/A |
Summary: Decatur housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 18.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Root Township | $225.3K | $294K | +30.5% |
| Washington Township | $172.4K | $180K | +4.4% |
| Decatur | $164.5K | $151K | -8.2% |
Housing Supply in Decatur, IN
How many homes are available in Decatur, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 41 | +7.9% |
Summary: The Decatur real estate market had 41 homes for sale in November 2024, a 7.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 21 | 26 | +23.8% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Decatur housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Decatur, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Decatur in November 2024, up by 9.1% month-over-month. Of the 12 sold homes, 83% were sold under asking, 8% were sold at asking, and 8% were sold over asking.
Days on Market for Decatur, IN
How long does it take to sell a home in Decatur, IN?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Decatur has remained consistent over time.
Summary: During November 2024, 12 homes were sold in Decatur; 0% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.