Decatur Housing Market Report December 2024•DeKalb County, Georgia

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Housing Prices in Decatur, GA

How much do homes in Decatur, GA cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Decatur is a Neutral Market

Difference Since December 2023

At the same time last year, Decatur was a Seller's Market.

Insight

Decatur is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$335,630$213/SqFt
+$11,019
+3.4%

Based on all homes sold in the last 12 months

Insight

Homes in Decatur have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Decatur was $335,630 in December 2024, up 3.4% from last year, and the median price per square foot was $213.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Decatur
+3.4%
Atlanta
+3.0%
Atlanta-Decatur
+1.7%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$215K$236.6K
+10.1%
2$250K$267.5K
+7.0%
3$299.9K$314.2K
+4.7%
4$395K$410.6K
+4.0%
5$475K$500K
+5.3%

Summary: Decatur housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +10.1%. The home price for 2 bedroom homes increased by +7.0%. The home price for 3 bedroom homes increased by +4.7%. The home price for 4 bedroom homes increased by +4.0%. The home price for 5 bedroom homes increased by +5.3%.

Housing supply in Decatur, GA

How many homes are available in Decatur, GA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1,232Last MonthDec 2024
1,1792 months agoNov 2024
+4.5 %
Change MoMNov – Dec

Summary: The Decatur real estate market had 1,232 homes for sale in Dec 2024, a 4.5 % increase compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
198Last MonthDec 2024
2212 months agoNov 2024
-10.4 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
11920
+5.3%
2152152
0.0%
3594636
+7.1%
4316326
+3.2%
59898
0.0%

Summary: Decatur housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +5.3%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +7.1%. The inventory for 4 bedroom homes increased by +3.2%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Decatur, GA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price27 Homes

At Asking Price43 Homes

Under Asking Price108 Homes

Insight

If you're buying a home in Decatur, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.

Summary: A total of 198 homes were sold or pending in Decatur in December 2024, down by 10.4% month-over-month. Of the 178 sold homes, 61% were sold under asking, 24% were sold at asking, and and 15% were sold over asking.

Days on Market for Decatur, GA

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

Breakdown of Home Sale Times

Under 30 Days85 Homes

30 – 90 Days71 Homes

Over 90 Days42 Homes

Insight

Many homes in Decatur are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 198 homes were sold in Decatur; 43% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
53 DaysThis YearDec 2024
33 Days1 year agoDec 2023
+63.3 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Decatur had an average listing age of 53 days in Dec 2024, up by 63.3% compared to the previous year.

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Newest Listings in Decatur, GA

What homes are available in Decatur, GA?

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Nearby markets

Popular Cities with Homes for Sale in Georgia

MLS Disclaimers and Copyright

Based on information from Georgia MLS, First Multiple Listing Service Inc., Classic MLS, Central Georgia MLS, and Columbus Board of REALTORS MLS for the period 01/01/2023 - 01/01/2025

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

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Last updated on: 1/29/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
Copyright© 2025 Classic MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data related to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Central Georgia MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
© 2025 Central Georgia MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of The Columbus Board of Realtors. Detailed information on Real estate listings held by firms other than this broker includes the Listing Brokers Firm Name. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.