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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Decatur County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Decatur County was a Neutral Market.

Key Takeaway

Decatur County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Decatur County, GA

How much do homes in Decatur County, GA cost?

Median Sold Price

$223,900

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,650(+1.2%)

Key Takeaway

Homes in Decatur County have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Decatur County was $223,900 in November 2024, up 1.2% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$167.5K
N/A
2 $32K$139.9K
+337.2%
3 $211.7K$217.4K
+2.7%
4 $315K$265K
-15.9%
5+ $425K$364.9K
-14.1%

Summary: Decatur County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 337.2%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes decreased by 14.1%.

Median Sold Price Compared To Nearby Counties

Grady County
+29.3%
Gadsden County
+7.6%
Decatur County
+1.2%
Seminole County
-5.1%

Housing Supply in Decatur County, GA

How many homes are available in Decatur County, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8286+4.9%

Summary: The Decatur County real estate market had 86 homes for sale in November 2024, a 4.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 57
+40.0%
3 5052
+4.0%
4 1820
+11.1%
5+ 76
-14.3%

Summary: The Decatur County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Decatur County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Decatur County in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Decatur County, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
181 Days172 Days-5.3%

Summary: Homes in Decatur County had an average of 172 days on market in Nov 2024, down by 5.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Decatur County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Decatur County; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% 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 21 Days Ago

Newest Listings in Decatur County, GA

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