With an official motto of, "It's greater in Decatur," this small-town suburb of Atlanta doesn't lack hometown pride. Although the city is home to only 19,000 residents, Decatur, Georgia has become a top choice for many families and young professionals seeking community and convenience. Decatur is only six miles east of Atlanta, giving locals suburban leisure with access to big city amenities and a close commute. Although Decatur is a residential town, it doesn't lack entertainment or excitement. With concerts in the square's bandstand, beach parties every June, the Pied Piper Parade on July 4th and the BBQ, Blues and Bluegrass Festival in August, living in Decatur is a festival-goers dream. For shopping fans, Terrific Thursdays are hosted throughout the year to provide discounts and treats to residents at over 30 stores throughout the downtown district. Overall, Decatur houses more than 200 restaurants, boutiques, salons and galleries in a little over four square miles.
The desirability of a quiet, tight-knit community with year-round accessibility and amusement might be the culprit behind rising Decatur home prices. Last year, average list prices increased 9.93 percent, perhaps reflecting the popularity of the small Atlanta suburb. The average asking price in 2015 was $193,099 from a previous $175,651. Meanwhile, the number of homes on the market increased by 13.36 percent year-over-year to reach 840 listings. The Decatur real estate market may still be accessible for many, but acting early - before the market grows further - could prove financially beneficial.