The housing market in Decatur continues to see strong price appreciation, with values up 60.9% compared to last year. Home prices have increased 32.2% in the past month alone. At the current pace, all available homes in Decatur would sell out in just 1.3 months, indicating a continued supply shortage. Homes are taking about 22 days to sell, which is -1 days longer than this time last year. A significant 32.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 35.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Decatur market with the affordability index at 13.9. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.