Decatur, IN home prices
Typical home $251,289 · +7.2% in a year · income needed $70,200
The Decatur, IN metro area ranks 451 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +7.2% in a year and +44.9% over five years. With 20% down at 7.11%, the typical home costs about $1,639 a month including 0.77% property tax (Adams County rate).
Mortgage on the typical Decatur home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $50,258 | $201,031 | $1,352 | $0 | $287 | $1,639 | $70,200 |
| 10% down | $25,129 | $226,160 | $1,521 | $94 | $287 | $1,902 | $81,500 |
| 5% down | $12,564 | $238,725 | $1,606 | $99 | $287 | $1,992 | $85,400 |
| 3.5% down (FHA) | $8,795 | $246,738 | $1,660 | $111 | $287 | $2,058 | $88,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.77% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Decatur area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Adams County, IN | $251,184 | +7.2% | 0.77% |
What can you afford in Indiana on your salary? · Indiana home prices · Salaries in Indiana
Frequently asked questions
How much is a house in Decatur?
The typical home in the Decatur, IN metro area is worth $251,289 (Zillow, September 2026).
What salary do you need to buy a house in Decatur?
About $70,200 a year for the typical home with 20% down at 7.11%.