According to the Morgan County Association of Realtors, October residential sales in the Decatur area (Morgan and Lawrence Counties) increased 20.0% year-over-year (Y/Y) from 130 to 156 closed transactions. Sales increased by 6.8% from September. 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 October increased 1.8% year-over-year from 488 to 497 listings. Months of supply fell from 3.8 months in October 2024 to 3.2 months in October 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 October was $258,450, an increase of 8.8% from one year ago and an increase of 6.1% from September. 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 October averaged 62 days on the market (DOM), 6 days slower than October 2024.
Forecast: October sales were 26 units, or 20.43%, above the Alabama Center for Real Estate’s (ACRE) monthly forecast. ACRE projected 130 sales for the month, while actual sales were 156 units.
New Construction: The 16 new homes sold represent 10.3% of all residential sales in the Decatur area in October. Total sales decreased 27.3% year-over-year. The median sales price in October was $248,579, a decrease of 0.3% from September and a decrease of 1.4% 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.
