50067, Decatur, IA

Decatur, IA is located in Polk County and has a population of approximately 21,000. The 50067 zip code covers an area of approximately 2.5 square miles and has a median home value of $119,000. Over the past five years, the Decatur area has seen a moderate increase in home values, with prices increasing by 7%. In comparison, the Iowa average home value growth rate over this period was 9%.

One reason for this discrepancy may be Decatur's proximity to Des Moines. According to Zillow's Home Value Index report for December 2017, Des Moines' median home value was $166,500 while Decatur's was $119,000. Additionally, many new homes are being built in Decatur which could contribute to its slower-than-average appreciation rate.

Despite these fluctuations however, there is evidence that the Decatur market is continuing to grow at a healthy pace. In March 2018 alone (the most recent month for which data is available), home values increased by 5%. This suggests that buyers are still interested in purchasing homes in this market and that current prices are likely sustainable over the long term.