According to the Morgan County Association of Realtors, May residential sales in the Decatur area (Morgan and Lawrence Counties) increased 2.7% year-over-year (Y/Y) from 150 to 154 closed transactions. Sales increased by 16.7% from April. 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 May decreased 11.1% year-over-year from 587 to 522 listings. Months of supply fell from 3.9 months in May 2025 to 3.4 months in May 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 May was $241,000, a decrease of 1.2% from one year ago and a decrease of 6.6% from April. 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 May averaged 49 days on the market (DOM), 0 days slower than May 2025.
Forecast: May sales were 5 units, or 3.6%, above the Alabama Center for Real Estate’s (ACRE) monthly forecast. ACRE projected 149 sales for the month, while actual sales were 154 units.
New Construction: The 29 new homes sold represent 18.8% of all residential sales in the Decatur area in May. Total sales increased by 26.1% year-over-year. The median sales price in May was $214,900, a decrease of 16.3% from April and a decrease of 6.9% 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.
