Real Estate Investing in Decatur County, Indiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

3 ZIP codes • Population: 27,699

Should you buy in Decatur County, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals β€” some positives, some negatives. Worth considering but not a slam-dunk.

πŸ“ˆ For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 10.4% vacancy may signal weakening demand.

What’s happening in Decatur County, IN?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

6.5% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $247,908
Avg Monthly Rent $1,008
ZIP Codes 3

Investing in Decatur County Real Estate

This is a distressed-leaning county in Indiana: Decatur has 3 cities, 3 ZIPs, and investment math that only works for investors with genuine local understanding.

A 3.0 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Decatur County sits firmly in that category.

The 0% renter share in Decatur masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Decatur County, IN. Anonymous, moderated, never written by AI.

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Avg Home Value
$247,908
Avg Monthly Rent
$1,008
1% Rule
βœ— Below
Landlord Friendly (IN)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Greensburg, IN metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
68%
Days Pending
0/2
0 days

View all metro crash risk rankings β†’

Cities in Decatur County

ZIP Codes in Decatur County, IN

Screen every market in Decatur County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Decatur County

How much should I expect to pay for a home in, IN?

Expect median prices around $248K in, IN. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.

How do landlord-tenant laws work in, IN?

IN ranks as a tenant-protective state for landlord-tenant law. generally follows the statewide framework, so landlords face reasonable operating rules.

Where do rents currently stand in, IN?

Investors in, IN typically see rents near $1,008/mo per month against $248K home values - a solid setup for rental cash flow.

Are home values higher in, IN than the rest of IN?

within IN reads broadly in line with the state benchmark. Investors comparing markets should weight local data above the statewide aggregate.

Community Ratings

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