Is Decatur, MI 49045 a buyer’s or seller’s market?
Decatur is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 30% of U.S. ZIP codes, and #443 of 510 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
The Decatur housing market right now
In the three months ending August 31, 2026, 19% of homes in Decatur, MI 49045 sold above their list price, the typical home went under contract in 42 days and there were 4.2 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 16 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (35 days then) and the median sale price fell 2% to $167,428. Overall, Decatur is less competitive than a year ago, which gives buyers more room.
Within Van Buren County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell less often over asking than in 73%. On our competition score, Decatur ranks #443 of 510 MI ZIP codes with enough sales (score 33 out of 100).
Nearby, buyers who want less competition could look at Grand Junction 49056 (0% sold over asking) or Bloomingdale 49026 (0% sold over asking), while Hartford 49057 (36% sold over asking) and Lawton 49065 (35% sold over asking) are even more competitive.
Run the numbers for 49045
Nearby markets
Bangor 49013Seller’s market $137 /sq ftBloomingdale 49026Balanced $96 /sq ftCovert 49043Buyer’s market $221 /sq ftGobles 49055Seller’s market $184 /sq ft Browse all markets →Towns like Decatur nearby
Find towns like Decatur in other states →Where Decatur is
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Questions about Decatur real estate
Is Decatur a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Decatur, MI 49045 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 42 days in the latest three months.
Do homes in Decatur sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Decatur?
About 1.23% of a home’s value a year in Van Buren County, or roughly $4,920 on a $400,000 home.
What is the median home price in Decatur?
The median sale price was $167,428 in the three months ending August 31, 2026, about $136 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