Decatur, TX—76234
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Decatur, TX
As of Oct '25, the median home price in Decatur, TX is $423,000, with a year-over-year change of -1.4%. This indicates that home prices in Decatur, TX are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $423,000 | -1.4% |
| Single Family | $423,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $242,000 | -1.6% |
3 Bed | $379,000 | -1.0% |
4 Bed | $526,000 | -0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Decatur, TX
As of July '25, Rentcast reports the average rent in Decatur, TX is $1,740, with a year-over-year rent change of -7.0%. Per bedroom, the median rent as of July '25 in Decatur, TX is 1-bedrooms: $1,410, 2-bedrooms: $1,250, 3-bedrooms: $1,830, 4-bedrooms: $3,000. The most common rental property sizes in Decatur, TX are 3-bedroom and 2-bedroom, accounting for 65.4% and 26.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,410 |
| 2 Bed Rent | $1,400 | $1,250 |
| 3 Bed Rent | $1,650 | $1,830 |
| 4 Bed Rent | $3,000 | $3,000 |
% of Rental Stock
Property Listings — Decatur, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Decatur, TX is 108. This is a increase of 36.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $581,000 | 7.0% |
Listing Count | 149 | 7.0% |
| Listings as % of Homes | 1.3% | 7.0% |
Days on Market | 108 | 36.0% |
Demographics — Decatur, TX
As of the latest ACS Survey released in 2023, Decatur, TX has a population of 20,900, which has increased by 29.2% over the past 5 years. Decatur, TX is a popular place for families, as children make up 25.4% of the population. The area has a poorly educated workforce, with 22.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,900 | 29.2% |
% Under 18 | 25.4% | -1.9% |
% Seniors | 17.1% | 5.6% |
% WFH | 8.6% | 53.6% |
% w/ College Degree | 22.3% | 1.4% |
As of the latest ACS Survey released in 2023, Decatur, TX is a predominantly white area, with 69.3% of the population identifying as white. The white population has shrunk by 12.1% in the last 5 years. The second most common race or ethnicity in Decatur, TX is hispanic, making up 25.3% of the population. Foreign-born residents account for 9.2% of the population in Decatur, TX, and this percentage has increased by 48.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.3% | -12.1% |
% Black | 1.1% | -15.4% |
% Hispanic | 25.3% | 52.4% |
% Asian | 0.9% | 0.0% |
% Foreign Born | 9.2% | 48.4% |
Mortgage and Risk — Decatur, TX
According to HUD data as of 2023, there were 447 mortgage originations in Decatur, TX, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Decatur, TX. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 447 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Decatur, TX
As of 2024, the percent of homes in Decatur, TX under the Section 8 program is 0.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Decatur, TX, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 31 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,250 | $1,030 |
| 2 Bedroom | -$180 | $1,400 | $1,220 |
| 3 Bedroom | $60 | $1,650 | $1,710 |
| 4 Bedroom | -$1,050 | $3,000 | $1,950 |
Affordability — Decatur, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $423,000 |
| Median Household Income | $88,100 |