Market Overview
Home Prices in Decatur, AL
The median home value in Decatur, AL is $224,900 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Decatur are priced45% below average. Decatur is part of the Decatur, AL metro area.
Over the past five years, Decatur home values have risen by approximately19.8%, reflecting steady appreciation in this market.
Price History
Decatur Home Price Trend
2020
$162,506
$163K
—
2021
$187,768
$188K
+15.5%
2022
$213,238
$213K
+13.6%
2023
$219,463
$219K
+2.9%
2024
$224,774
$225K
+2.4%
2025
$227,110
$227K
+1.0%
2026
$224,900
$225K
-1.0%
City Comparison
Decatur vs. National Median
🏠 Decatur
$224,900
National Median
$410,000
At $224,900, homes in Decatur cost 45% below the national median of $410,000. This makes Decatur a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Decatur?
20% Down Payment
$44,980
on $224,900
Monthly P&I
$1,173/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,490/mo
incl. taxes & insurance
Income Needed
$59,600
gross annual (30% rule)
10% Down Option
$22,490
+ PMI applies
Loan Amount (20% dn)
$179,920
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Decatur, AL?
The median home value in Decatur is $224,900 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1% year-over-year.
How much have home prices changed in Decatur?
Over the past year, home values in Decatur have decreased by 1%. Over five years, prices have risen approximately 19.8%.
How much do I need to earn to buy a home in Decatur?
To comfortably afford the median home price of $224,900 with a 20% down payment ($44,980) at today's rates (6.8%), you'd need a gross annual income of approximately $59,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Decatur compare to the national average home price?
The national median home value is approximately $410,000. At $224,900, homes in Decatur are 45% below the national average.
What metro area is Decatur part of?
Decatur is part of the Decatur, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.