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Is Decatur, MS 39327 a buyer’s or seller’s market?

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

Decatur is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.7%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$113▼ −11.3% vs. last year

The Decatur housing market right now

In the three months ending August 31, 2026, 0% of homes in Decatur, MS 39327 sold above their list price, the typical home went under contract in 20 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (30 days then) and the median sale price fell 47% to $209,909. Overall, Decatur is more competitive than a year ago, so tougher for buyers.

Run the numbers for 39327

Prefilled for 39327Can I win this house?Multiple-offer likelihood for a listing Prefilled for 39327Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Chunky 39323 — /sq ftConehatta 39057Seller’s market $66 /sq ftHickory 39332 — /sq ftLawrence 39336 — /sq ft Browse all markets →

Towns like Decatur nearby

Find towns like Decatur in other states →
Bailey, MS39320 · 23 miles away81% similarsmaller · older residents Enterprise, MS39330 · 25 miles away76% similarolder residents · 6 min longer commute Morton, MS39117 · 28 miles away71% similarlarger · older residents Hickory, MS39332 · 10 miles away66% similarcheaper homes ($52K less) · smaller

Where Decatur is

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Questions about Decatur real estate

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

A buyer’s market: there were 12.8 months of supply in Decatur, MS 39327 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 20 days in the latest three months.

Do homes in Decatur sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.

What are property taxes in Decatur?

About 0.73% of a home’s value a year in Newton County, or roughly $2,920 on a $400,000 home.

What is the median home price in Decatur?

The median sale price was $209,909 in the three months ending August 31, 2026, about $113 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