According to the Morgan County Association of Realtors, February residential sales in the Decatur area (Morgan and Lawrence Counties) increased 35.4% year-over-year (Y/Y) from 82 to 111 closed transactions. Sales increased by 23.3% from January. 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 February decreased 4.6% year-over-year from 502 to 479 listings. Months of supply fell from 6.1 months in February 2025 to 4.3 months in February 2026, 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 February was $243,000, a decrease of 1.4% from one year ago and an increase of 8.3% from January. 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 February averaged 65 days on the market (DOM), 4 days slower than February 2025.
Forecast: February sales were 13 units, or 12.9%, above the Alabama Center for Real Estate’s (ACRE) monthly forecast. ACRE projected 98 sales for the month, while actual sales were 111 units.
New Construction: The 14 new homes sold represent 12.6% of all residential sales in the Decatur area in February. Total sales increased 7.7% year-over-year. The median sales price in February was $268,704, a decrease of 19.8% from January and an increase of 7.5% 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.
