Decatur, AL metro area Housing Market

Cold Market

Comprehensive housing market data for the Decatur, AL metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$253K

0.8% YoY

Days on Market

68 days

4.2% YoY

Active Inventory

568

2.0% YoY

Homes Sold

153

26.4% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Decatur, AL metro area Market Summary

The Decatur, AL metro area housing market is cooling down. As of March 2026, the median home sale price is $253K, down 0.8% year-over-year. Homes are spending a median of 68 days on the market, 4.2% shorter than a year ago.

There are 568 homes for sale — 2.0% more than last year. With 3.7 months of supply, this is a seller's market. 212 new listings were added during this period, up 0.5% year-over-year.

Homes are selling for 96.8% of their list price on average, suggesting room for negotiation. 18.3% of homes sell above their asking price. 24.8% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

76

Contributing Factors

Months of Supply 3.7
Days on Market 68
Price Drops 24.8%
Sale-to-List Ratio 96.8%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 42.1%
Days on Market (National: 55) 23.6%
Inventory (National: 1,314,690) 100.0%

vs. Alabama Median

Median Price (Alabama: $300K) 15.8%
Days on Market (Alabama: 69) 1.4%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 42% below the national median, which could indicate stronger cash flow potential.

Decatur, AL metro area Market Trends

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Detailed Market Metrics

Median List Price

$260K

Price per Sq Ft

$147

Sale-to-List Ratio

96.8%

Months of Supply

3.7

Sold Above List

18.3%

Price Drops

24.8%

New Listings

212

0.5% YoY

Pending Sales

175

Off Market in 2 Weeks

26.3%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.