The Decatur housing market is somewhat competitive. The median sale price of a home in Decatur was $225K last month, down 6.3% since last year. The median sale price per square foot in Decatur is $138, up 10.8% since last year.
In March 2024, Decatur home prices were down 6.3% compared to last year, selling for a median price of $225K. On average, homes in Decatur sell after 46 days on the market compared to 48 days last year. There were 55 homes sold in March this year, up from 51 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$225,000
-6.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Decatur, AL
$225,000
-6.3%
United States
To compare other locations to the Decatur and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Decatur's median sale price is 46% lower than the national average. Overall cost of living in Decatur is 14% lower than the national average. Learn which home features in Decatur add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Decatur housing market?
Decatur is somewhat competitive. Homes sell in 46 days.
0
100
52
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 46 days.
Hot homes
can sell for around list price and go pending in around 11 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Decatur
Explore recent offers and recently sold homes in Decatur
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Decatur housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Decatur.
Risk Factor
Flood Factor - Major
38% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Decatur has a major risk of flooding. 6,223 properties in Decatur are likely to be
severely affected
by flooding over the next 30 years. This represents 38% of all properties in Decatur. Flood risk is increasing slower than the national average.
61% of properties are at risk of wildfire over the next 30 years
Fire Factor
Decatur has a moderate risk of wildfire. There are 14,975 properties in Decatur that have some risk of being affected by wildfire over the next 30 years. This represents 61% of all properties in Decatur.
77% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Decatur has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Decatur is most at risk from hurricanes. 18,798 properties in Decatur have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 84 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 99 mph.