Market Overview
Home Prices in Decatur, NE
The median home value in Decatur, NE is $150,372 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.8% compared to a year ago and up 11.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Decatur are priced63% below average.
Over the past five years, Decatur home values have risen by approximately46.8%, reflecting strong long-term appreciation in this market.
Price History
Decatur Home Price Trend
2020
$88,172
$88K
—
2021
$102,413
$102K
+16.2%
2022
$114,648
$115K
+11.9%
2023
$113,217
$113K
-1.2%
2024
$122,496
$122K
+8.2%
2025
$137,007
$137K
+11.8%
2026
$150,372
$150K
+9.8%
City Comparison
Decatur vs. National Median
🏠 Decatur
$150,372
National Median
$410,000
At $150,372, homes in Decatur cost 63% 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
$30,074
on $150,372
Monthly P&I
$784/mo
30-yr @ 6.8%
Total Monthly Est.
~$996/mo
incl. taxes & insurance
Income Needed
$39,840
gross annual (30% rule)
10% Down Option
$15,037
+ PMI applies
Loan Amount (20% dn)
$120,298
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, NE?
The median home value in Decatur is $150,372 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.8% year-over-year.
How much have home prices changed in Decatur?
Over the past year, home values in Decatur have increased by 9.8%. Over five years, prices have risen approximately 46.8%.
How much do I need to earn to buy a home in Decatur?
To comfortably afford the median home price of $150,372 with a 20% down payment ($30,074) at today's rates (6.8%), you'd need a gross annual income of approximately $39,840. 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 $150,372, homes in Decatur are 63% below the national average.