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Decatur, MS Real Estate


According to census data in the year 2000 there were 484 housing units in Decatur. This represents a 14.4% growth from 423 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 484 were located in what is classified as a rural area.

Homeownership rate in Decatur is about 50%. Decatur's vacancy rate, including seasonal lodging, is about 14.5%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Decatur were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom20.90%
Two Bedrooms26.40%
Three Bedrooms45.90%
Four Bedrooms3.70%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1963
Median Value of occupied units$63,800
Median Price asked for vacant units$97,500

Rented Homes, Apartments and Condos

Average Household Size1.59
Median year structure was built1971
Median Monthly Rent asked for vacant units$258

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.50%
Home Equity Loan1.20%
Simple Mortgage47.60%
Debt Free44.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%