According to the Morgan County Association of Realtors, September residential sales in the Decatur area (Morgan and Lawrence Counties) increased 22.7% year-over-year (Y/Y) from 119 to 146 closed transactions. Sales increased by 16.8% from August. Two more resources to review: Quarterly Report and Annual Report.
For all of Morgan County’s housing data, click here.
Inventory: Total homes listed for sale in September increased 3.7% year-over-year from 486 to 504 listings. Months of supply fell from 4.1 months in September 2024 to 3.5 months in September 2025, reflecting a market where sellers generally have elevated bargaining power. The equilibrium point where buyers and sellers have roughly equal bargaining power is six months of supply.
Pricing: The area’s median sales price in September was $243,500, a decrease of 8.1% from one year ago and a decrease of 6.3% from August. The differing sample size (number of residential sales of comparative months) can contribute to statistical volatility, including pricing. ACRE recommends consulting with a local real estate professional to discuss pricing, as it will vary from neighborhood to neighborhood.
Homes sold in September averaged 50 days on the market (DOM), 6 days slower than September 2024.
Forecast: September sales were 18 units, or 14.4%, above the Alabama Center for Real Estate’s (ACRE) monthly forecast. ACRE projected 128 sales for the month, while actual sales were 146 units.
New Construction: The 19 new homes sold represent 13.0% of all residential sales in the Decatur area in September. Total sales increased by 58.3% year-over-year. The median sales price in September was $247,790, a decrease of 8.6% from August and a decrease of 9.8% from one year ago.
Click here to view the entire monthly report.
The Morgan County (Decatur) Residential Monthly Report is developed in conjunction with the Morgan County Association of Realtors to better serve area consumers.
