OfferBackedBuyer Tools

Is Decatur, TN 37322 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Decatur is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score17/ 100

More competitive than 10% of U.S. ZIP codes, and #248 of 299 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 supply4.5Under 4 months = seller’s market
Sold above original list6.9%Share of sales, last 3 months
Median sale-to-list94.7%Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$202▲ +3.7% vs. last year

The Decatur housing market right now

In the three months ending August 31, 2026, 7% of homes in Decatur, TN 37322 sold above their list price, the typical home went under contract in 54 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 30 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold faster (66 days then) and the median sale price held steady to $339,853. Overall, Decatur is about as competitive as it was a year ago.

On our competition score, Decatur ranks #248 of 299 TN ZIP codes with enough sales (score 17 out of 100).

Run the numbers for 37322

Prefilled for 37322Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37322Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ten Mile 37880Seller’s market $258 /sq ft Browse all markets →

Towns like Decatur nearby

Find towns like Decatur in other states →
Pikeville, TN37367 · 24 miles away92% similarmore single-family homes Tellico Plains, TN37385 · 30 miles away85% similarpricier homes ($46K more) · more single-family homes Spring City, TN37381 · 13 miles away83% similarpricier homes ($59K more) · more single-family homes Sweetwater, TN37874 · 21 miles away83% similarlarger · 7 min shorter commute

Where Decatur is

Loading map…

Questions about Decatur real estate

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

A balanced market: there were 4.5 months of supply in Decatur, TN 37322 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 54 days in the latest three months.

Do homes in Decatur sell over asking?

7% of homes sold above their original list price, and the typical sale closed at 94.7% of the list price.

What are property taxes in Decatur?

About 0.39% of a home’s value a year in Meigs County, or roughly $1,560 on a $400,000 home.

What is the median home price in Decatur?

The median sale price was $339,853 in the three months ending August 31, 2026, about $202 per square foot.

Local agents

See all agents in 37322 →

No sponsored agents in 37322 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 37322

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Meigs County property taxesMeigs County loan limitsClosing costs in TennesseeHottest ZIP codes in Tennessee
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

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