Similar to its surrounding areas, it is substantially less expensive compared to the rest of the nation. However compared to the city of Birmingham, it's a lot more expensive.
Home prices
The median home cost in Decatur is $134,500. Compared to the surrounding areas this is approximately $2,300 (1%) higher.In comparison to the entire country it is about $83,000 (38%) lower, and in comparison to the city of Birmingham it is about $43,400 (47%) higher.
Rents
In Decatur the median rent is $655 per month. It is approximately $63 (8%) lower compared to the surrounding areas.It is about $407 (38%) lower in comparison to the nation as a whole, and compared to the city of Birmingham it is about $182 (21%) lower.
Nearby places
Trinity
Trinity is Decatur's neighbor to the northwest. The real estate prices there are a bit more expensive. The median home price in Trinity is $154,400, which is $19,900 (12%) higher than Decatur. Rent there is a lot less expensive. Trinity's median monthly rent is $415, which works out to $240 (57%) lower than Decatur.
Hartselle
Hartselle is approximately 10 miles south from Decatur. Its housing prices are a little more expensive. The median home in Hartselle costs $148,600, which is $14,100 (9%) higher than Decatur. Rents there are pretty similar. In Hartselle the median monthly rent is $681, which is $26 (3%) higher than Decatur.
Hillsboro
Hillsboro is approximately 10 miles northwest of Decatur. Its real estate prices are a little less expensive. Hillsboro's median home cost is $127,700, which works out to $6,800 (5%) lower than Decatur. Rent there is a little more expensive. Hillsboro's median rent is $850 a month, which comes out to $195 (22%) higher than Decatur.
Somerville
Somerville is about 12 miles southeast of Decatur. Its housing prices are significantly less expensive. The median home price in Somerville is $90,800, which works out to $43,700 (48%) lower than Decatur. Its rents are somewhat less expensive. Somerville's median rent is $594 a month, which is $61 (10%) lower than Decatur.
Triana
Triana is approximately 12 miles east from Decatur. Real estate prices there are fairly similar. The median home cost in Triana is $139,500, which is $5,000 (3%) higher than Decatur. Rents there are substantially more expensive. Triana's median monthly rent is $1,051, which comes out to $396 (37%) higher than Decatur.
