Compared against the same period one year earlier.
Median Sale Price · Last 12 Months
Price Distribution
Price Trends
The median sale price reached $337,500 during the period, up 42.4% from the prior period's $237,000, while the average sale price stood at $548,446.50, reflecting a wider mix of price points among sold listings. Median price per square foot rose to $225.05, a 23% increase over the previous period. The median sale-to-list ratio held near full asking price at 99%, a slight uptick from 96.13% previously.
Inventory & Supply
Active listings totaled 23, up 27.8% from 18 in the prior period, while new listings rose 21.1% to 46. Months of supply climbed to 9.2, a 61.4% jump from the prior period's 5.7, which places current conditions in buyer's market territory. Sell-through stood at 43.5%, with an absorption rate of 10.89%.
Pace of Sales
Homes averaged 61.1 days on market, down 25.3% from 81.8 days in the prior period, pointing to somewhat quicker turnover even as supply grew. The median days on market was notably lower at 18.5, suggesting a mix of fast-moving and slower sales pulling the average upward. Month-to-month figures varied considerably, including a stretch with no recorded closings in August.
Property Type & Price Range Highlights
Houses accounted for the large majority of activity, with 19 sales and a median price of $399,999, while manufactured homes and townhouses recorded no closings in this period. Within price ranges, homes under $1M saw 17 sales averaging 55.71 days on market, while the $1M-$2M range saw 3 sales with a longer average of 91.67 days and higher months of supply at 13.3.
Compared against the same period one year earlier.
Median Sale Price · Last 12 Months
Decatur
Decatur recorded 20 sales against 23 active listings, with a median sale price of $337,500. Average days on market ran 61.1 days, and months of supply stood at 9.2, figures consistent with conditions favoring buyers over sellers in the local market.