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Decatur, AL Real Estate

Decatur is a city in Morgan County, Alabama with a population of about 57,760. The median home value is near $190,500, and median rent runs around $861/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$190,500
Median Rent
$861/mo
Population
57,760
Median Income
$59,831
Median Age
40.4
Homeownership
63%

Monthly payment on a median Decatur home

Example for a $190,500 home: 20% down, 30-yr at ~6.75%, AL property tax ~0.40%, 0.4% insurance.

Est. monthly (PITI)
$1,115
Principal & interest
$988
Property tax / mo
$64
Down payment (20%)
$38,100

Decatur at a glance

  • 15.7% of residents 25+ hold a bachelor's degree or higher.
  • 63% of occupied homes are owner-occupied.
  • Median household income is $59,831.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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