Is Decatur, AL 35601 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Decatur is a seller’s market. With about 3.9 months of supply and 10% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score25/ 100

More competitive than 20% of U.S. ZIP codes, and #156 of 249 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.9Under 4 months = seller’s market
Sold above original list10%Share of sales, last 3 months
Median sale-to-list96.7%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$134▲ +4.7% vs. last year

The Decatur housing market right now

In the three months ending August 31, 2026, 10% of homes in Decatur, AL 35601 sold above their list price, the typical home went under contract in 52 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 113 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold faster (73 days then) and the median sale price rose 11% to $208,910. Overall, Decatur is more competitive than a year ago, so tougher for buyers.

Within Morgan County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Decatur ranks #156 of 249 AL ZIP codes with enough sales (score 25 out of 100).

Nearby, buyers who want less competition could look at Valhermoso Springs 35775 (0% sold over asking) or Eva 35621 (0% sold over asking), while Falkville 35622 (20% sold over asking) and Somerville 35670 (17% sold over asking) are even more competitive.

Nearby markets

Decatur 35603Balanced $151 /sq ftEva 35621Seller’s market $157 /sq ftFalkville 35622Balanced $102 /sq ftHartselle 35640Seller’s market $151 /sq ft Browse all markets →

Where Decatur is

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Questions about Decatur real estate

Is Decatur a buyer’s or seller’s market?

A seller’s market: there were 3.9 months of supply in Decatur, AL 35601 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Decatur?

The typical home went under contract in 52 days in the latest three months.

Do homes in Decatur sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.

What are property taxes in Decatur?

About 0.34% of a home’s value a year in Morgan County, or roughly $1,360 on a $400,000 home.

What is the median home price in Decatur?

The median sale price was $208,910 in the three months ending August 31, 2026, about $134 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology