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Decatur, AL Real Estate


According to census data in the year 2000 there were 24,002 housing units in Decatur. This represents a 16.3% growth from 20,640 in 1990.

Of those housing units, 21,969 were located in either urbanized areas or urban clusters, and 2,033 were located in what is classified as a rural area.

Homeownership rate in Decatur is about 64%. Decatur's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Decatur were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom11.20%
Two Bedrooms27.50%
Three Bedrooms44.30%
Four Bedrooms13.40%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1973
Median Value of occupied units$89,200
Median Price asked for vacant units$74,800

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1976
Median Monthly Rent asked for vacant units$392

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.70%
Home Equity Loan7.90%
Simple Mortgage51.40%
Debt Free33%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%