Decatur, TN Home Values & Market Trends
Real estate market trends reflect that there have been 119 transactions over the past year in Decatur. The median value for residential home transactions that occurred over the previous year is $239,923.13. The number of current listings in Decatur is 11, and the percentage of properties for sale in the city is 11.00%. Decatur, TN currently has 9 properties in foreclosure, 2 bank owned properties, 7 properties headed for auction, and 11 properties for sale.
Decatur, TN Real Estate Market Overview
Zip | Median Est. Value |
---|---|
37322 | $ 394,384 $ 274/sqft |
Housing Market Summary for Decatur, TN
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $299K | $221.1K | -26.05% |
Median Sold Price | $153.2K | $221.1K | 44.37% |
Homes For Sale | 11 | 7 | -36.36% |
Homes Sold | 84 | 80 | -4.76% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Decatur, TN
Browse Homes in Decatur, TN
Decatur home values range from $17,050 to $2,357,410. The median estimated value of a home in Decatur is $239,923.13. The median list price of a home is 254,900, and the total count of properties in the city is 3,379.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Decatur, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Decatur, TN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Decatur, TN ranges from the highest value of $158,823 in 37322 to the lowest value of $45,772 in 37322. Bank owned homes and properties account for 0.06% of properties in Decatur, TN. There is 1 zips within Decatur, TN; 37322 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions37322 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Decatur, TN. Auction homes and other auction properties account for 0.21% of all properties in Decatur, TN. There is 1 zips within Decatur, TN; of that zips, the median estimated home value for homes going to auction ranges from $434,973 in 37322 to the lowest value of $128,249 in 37322.
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More Real Estate Resources for Decatur, TN
Guide for Decatur, TN
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The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws