Home prices
The cost of the median home in Decatur is $97,700. Compared to its nearby areas it is approximately $8,620 (9%) higher.Compared to the rest of the country it is approximately $119,800 (55%) lower, and is approximately $17,400 (15%) lower in comparison to the city of Fort Wayne.
Rents
In Decatur the median rent is $619 a month. It is about $93 (13%) lower compared to its surrounding areas.Compared to the rest of the country it is about $443 (41%) lower, and it is about $145 (18%) lower compared to the city of Fort Wayne.
Nearby places
Monroe
Monroe is about 5 miles south of Decatur. The real estate prices there are a little more expensive. Monroe's median home cost is $110,800, which comes out to $13,100 (11%) higher than Decatur. The rent there is somewhat more expensive. The median monthly rent in Monroe is $744, which works out to $125 (16%) higher than Decatur.
Willshire
Willshire is roughly 8 miles southeast of Decatur. Its real estate prices are a lot less expensive. The median home in Willshire is valued at $52,600, which works out to $45,100 (85%) lower than Decatur. Rents there are somewhat more expensive. The median monthly rent in Willshire is $700, which works out to $81 (11%) higher than Decatur.
Hoagland
Hoagland is about 8 miles north of Decatur. Its real estate prices are somewhat more expensive. The median home cost in Hoagland is $119,600, which is $21,900 (18%) higher than Decatur. Rent there is a bit more expensive. Hoagland's median rent is $833 a month, which comes out to $214 (25%) higher than Decatur.
Monroeville
Monroeville is approximately 10 miles north of Decatur. Real estate prices there are a little less expensive. The price of the median home in Monroeville is $87,400, which comes out to $10,300 (11%) lower than Decatur. Its rents are somewhat more expensive. In Monroeville the median monthly rent is $679, which comes out to $60 (8%) higher than Decatur.
Vera Cruz
Vera Cruz is roughly 10 miles southwest from Decatur. Housing prices there are a little less expensive. The median home in Vera Cruz costs $75,000, which works out to $22,700 (30%) lower than Decatur. Rents there are fairly similar. In Vera Cruz the median rent is $606 per month, which comes out to $13 (2%) lower than Decatur.