Decatur housing market
Typical home value
$227K
▲ 0.6% 1 yr
Typical rent
$1,082/mo
▲ 2.5% 1 yr
12-month forecast
+2.2%
#244 of 546 metros
Gross rent yield
5.7%
#303 of 546 · U.S. 6.3%
Days to pending
60 days
▼ −5 days 1 yr
Listings with a price cut
28%
▼ −0.9 pts 1 yr
Key takeaways
- 1The typical home is worth $226,560, up 0.6% in a year and up 15% over five years.
- 2Zillow forecasts home values rising 2.2% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,082/mo (+2.5% YoY), a 5.7% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,245/mo in principal and interest, $163 more than renting.
- 5Homes go under contract in 60 days (−5 days vs last year); 28% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 54/100, #94 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Decatur compares
| Measure | Decatur | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +0.6% | +1.2% | #396 |
| Home value, 5-yr change | +14.9% | +19.7% | |
| 12-month forecast | +2.2% | +1.1% | #244 |
| Rent, 1-yr change | +2.5% | +2.7% | #362 |
| Gross rent yield | 5.7% | 6.3% | #303 |
| Price-to-rent ratio | 17.4 | 15.8 | |
| Mortgage P&I on typical home | $1,245 | $2,012 | |
| Income needed to buy | $60,561 | $100,902 | |
| Days to pending | 60 | 56 |
Cities in the Decatur metro
1 cities with home value and rent data.
| Decatur | $220K | ▼ 0.9% | $1,042 | ▲ 2.1% | 5.7% |
Run the numbers
Rental property calculator
Cash flow on a typical Decatur rental ($227K, $1,082/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Decatur home.
Rent vs buy
Is it cheaper to rent or buy in Decatur?
Other Alabama metros
Birmingham, AL
$261K home$1,404 rent6.5% yield
▲ 2.4% 1 yr
Huntsville, AL
$314K home$1,387 rent5.3% yield
▲ 1.1% 1 yr
Mobile, AL
$195K home$1,280 rent7.9% yield
▲ 0.5% 1 yr
Montgomery, AL
$212K home$1,383 rent7.8% yield
▲ 3.6% 1 yr
Tuscaloosa, AL
$239K home$1,668 rent8.4% yield
▲ 0.6% 1 yr
Daphne, AL
$371K home$1,701 rent5.5% yield
▲ 0.1% 1 yr
Auburn, AL
$351K home$1,595 rent5.5% yield
▲ 4.1% 1 yr
Florence, AL
$215K home$1,073 rent6.0% yield
▲ 2.9% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.