Decatur, IL 62521 - Real Estate Investment Insights & Performance Data

Welcome to our 62521 real estate data hub, tailored for investors in Decatur, IL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 62521 in Decatur, IL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MACON COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Decatur, IL real estate investing. Uncover the wealth of information available, and position yourself for success in the Decatur property market.

• Location Overview

  • Zip Code: 62521
  • City: Decatur
  • State: IL
  • Metro Area: Decatur, IL
  • County Name: MACON COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $86,425
  • Average Home Price (Single Family Homes): $86,583
  • Average Monthly Rental Price (All Types): Not Available
  • Price-to-Rent Ratio: Not Available
  • Zillow Projected % appreciation from 4/2023-4/2024: -2.7%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $920
  • Average 3 Bedroom Section 8 Rental Rates: $1,280
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 7.83
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 5.63
  • Number of Units Offered in Section 8 in the County: 1363
  • Number of Occupied Units in Section 8 in the County: 1293
  • Percentage of Section 8 Units Occupied in the County: 94.80000305%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 104.6
  • Total % Appreciation since 2000 (Government Data): 46.39
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 4.88%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.15%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 20.89%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.74%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.51%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 21.02%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 43.68%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%