Decatur, IN Real Estate

According to census data in the year 2000 there were 4,237 housing units in Decatur. This represents a 20% growth from 3,532 in 1990.

Of those housing units, 4,185 were located in either urbanized areas or urban clusters, and 52 were located in what is classified as a rural area.

Homeownership rate in Decatur is about 68.8%. Decatur's vacancy rate, including seasonal lodging, is about 7%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Decatur were built after 1959.


Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom9%
Two Bedrooms31.60%
Three Bedrooms42.80%
Four Bedrooms13.60%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1953
Median Value of occupied units$77,900
Median Price asked for vacant units$52,900

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1977
Median Monthly Rent asked for vacant units$301

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.40%
Home Equity Loan6.80%
Simple Mortgage52.10%
Debt Free35.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%