Is Decatur, GA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Decatur is a seller's market


Difference Since August 2022

Since last year, Decatur has remained a Seller's Market.

Key Takeaway

Decatur is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices

How much do homes in Decatur, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Decatur have sold for 41.4% less than they did a year ago.

Summary: The median home sold price in Decatur was $345,000 in August 2023, down 41.4% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $245K$231.7K
2 $375K$270K
3 $575K$322.2K
4 $759.5K$430.2K
5+ $1.2M$761.7K

Summary: Decatur housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes decreased by 28%, 3 bedroom homes decreased by 44%, 4 bedroom homes decreased by 43.3%, and 5+ bedroom homes decreased by 36.5%.

Median Sold Price Compared To Nearby Cities


Housing Supply

How many homes are available in Decatur, GA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Decatur real estate market had 916 homes for sale in August 2023, a 17.0% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 1413
2 8581
3 390473
4 226253
5+ 6896

Summary: The Decatur housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 41.2%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

81 Homes Were Sold
Under Asking

47 Homes Were Sold
At Asking

64 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Decatur, you may be able to get a good deal. 42.2% of homes here sold below asking price last month.

Summary: A total of 204 homes were sold or pending in Decatur in August 2023, up by 2.0% month-over-month. Of the 192 sold homes, 42% were sold under asking, 24% were sold at asking, and 33% were sold over asking.

Days on Market

How long does it take to sell a home in Decatur, GA?

Average Sale Time

Aug 2022Aug 2023CHANGE
11 Days30 Days+173.7%

Summary: Homes in Decatur had an average of 30 days on market in Aug 2023, up by 173.7% compared to last year.

Breakdown of Home Sale Times

142 Homes Were Sold
Under 30 Days

42 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Decatur are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 204 homes were sold in Decatur; 70% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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Nearby Markets

What housing markets are near Decatur, GA?