Is Decatur, TX 76234 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 score21/ 100

More competitive than 15% of U.S. ZIP codes, and #503 of 868 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 list8%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market79Listing to accepted offer
Median price per sq ft$199▼ −4.1% vs. last year

The Decatur housing market right now

In the three months ending August 31, 2026, 8% of homes in Decatur, TX 76234 sold above their list price, the typical home went under contract in 79 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 90 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 3%, homes sold more slowly (54 days then) and the median sale price rose 9% to $466,798. Overall, Decatur is less competitive than a year ago, which gives buyers more room.

Within Wise County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Decatur ranks #503 of 868 TX ZIP codes with enough sales (score 21 out of 100).

Nearby, buyers who want less competition could look at Alvord 76225 (0% sold over asking) or Paradise 76073 (0% sold over asking), while Boyd 76023 (26% sold over asking) and Chico 76431 (18% sold over asking) are even more competitive.

Nearby markets

Alvord 76225Seller’s market $167 /sq ftBoyd 76023Balanced $168 /sq ftBridgeport 76426Balanced $169 /sq ftChico 76431Seller’s market $198 /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 balanced market: there were 4.5 months of supply in Decatur, TX 76234 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 79 days in the latest three months.

Do homes in Decatur sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Decatur?

About 1.14% of a home’s value a year in Wise County, or roughly $4,560 on a $400,000 home.

What is the median home price in Decatur?

The median sale price was $466,798 in the three months ending August 31, 2026, about $199 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