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Foreclosure Homes in Decatur, MI

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Cedar-st-Decatur-MI-49045
Foreclosure
$63,155 EMV

Cedar St
Decatur, MI 49045

S-george-st-Decatur-MI-49045
Bankruptcy
$63,935 EMV

S George St
Decatur, MI 49045

16 Prospect-dr-Decatur-MI-49045
As-Is Deal
$139,900 List Price

Prospect Dr
Decatur, MI 49045

3 Bed | 2 Bath

Displaying 1 - 3 of 3
 

Home Value Estimator For Decatur, MI

There are currently 188 real estate properties in Decatur, MI, with a median automated valuation model (AVM) price of $164,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Decatur, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Decatur, MI, is $216,605.00, with the most expensive house in Decatur, MI, topping out at $1,420,000.00 and the cheapest home in Decatur, MI, clocking in at $29,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Decatur, MI!


Rent Prices In Decatur, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Decatur, MI, is on a rollercoaster ride. The average rent price in Decatur, MI, is $1,202.00. Indeed, when looking to rent in Decatur, MI, you can expect to pay as little as $440.00 or as much as $1,960.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Decatur, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Decatur, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Decatur, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Decatur, MI and much more. Save thousands at closing with home foreclosure listings in Decatur, MI — up to 75% off market value!


Top Reasons To Live In Decatur, MI In 2021

Decatur is located in Van Buren, Michigan, with an estimated municipal population of 1,732 residents. All of the best foreclosed homes for sale in Decatur are located in the following zip code areas on Foreclosure.com: 49045. The estimated population per square kilometer (.62 miles) in Decatur is 494.


Cost Of Living In Decatur, MI

So, about how much do homes cost in Decatur? The most recent median value of resident-owned homes in Decatur is 82,850. An estimated 64.8 percent of households in Decatur own their homes, with an average family size of 2.9. The median household income in Decatur is 41,607, with10.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Decatur, the median commute time of resident workers (in minutes) is 21.3. And last, but certainly not least, are you looking for homes to rent in Decatur? If so, the average rent price paid by renters in Decatur is 763, according to recent statistics.


Diversity And Demographics In Decatur, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Decatur, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Decatur is 37.6, split between 49.6 percent male versus 50.4 female. The percentage of residents who report being married in Decatur is 49.9, with an average family size of 2.9.

The percentage of residents who report their race in Decatur is as follows:

White 82.2%
Black / African American 3.9%
Asian 0.6%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 12.2%
Other 0.3%

Looking for family-friendly neighborhoods in and/or near Decatur? Or maybe you are searching for 55+ active adult communities in and/or near Decatur?

The percentage of residents who report their age in Decatur is as follows:

Under 10 14%
Aged 10-19 13.2%
20s 12.2%
30s 14.3%
40s 10.5%
50s 14.4%
60s 11.1%
70s 6.4%
80+ 4.1%

Best Schools In Decatur, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Decatur with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Decatur.


Pros And Cons Of Living In Decatur, Michigan

How do you know that living in -- or moving to -- Decatur is right where you need to be? Perhaps you grew up in Decatur or already live nearby; therefore, the decision to buy a home in Decatur is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Decatur for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Decatur:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Decatur.


Reasons To Move To Decatur, Michigan, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Decatur can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Decatur, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Decatur, MI

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