Decatur Home Values
Texas
Decatur Market Snapshot
| Active 312 listings | New 49 30 days | Closed 45 30 days | Pending 6 30 days | Supply 8.4 months | Absorption 9.9% monthly | Over List 2% sold above | Under List 50.6% sold below | Concessions 41.6% % of solds | Avg Concession $9,972 seller paid |
Source: NTREIS MLS • Excludes leases • Jun 2026
Decatur Market Trends
Where Fort Worth's Edge Meets Open Country
Decatur sits at the crossroads of Highway 287 and Highway 380, the Wise County seat where rolling ranchland gives way to a growing ring of residential subdivisions. Neighborhoods like Highland Hills, Reatta Estates, and Las Brisas offer one-to-ten-acre homesites with private wells, no city taxes, and room for shops, barndominiums, and livestock. New phases in communities like Naomi Meadows and Tres Vista are delivering custom construction with vaulted ceilings, metal-and-stone exteriors, and wrapped porches. For buyers who want acreage without losing a thirty-minute drive to the Stockyards, Decatur threads that needle better than most towns along the 287 corridor.
The pace at which Decatur homes are moving to close accelerated in the most recent quarter, with the median days on market falling to the mid-40s — roughly 15% faster than the full trailing-year pace. Based on MLS data for June 2026 closings in Decatur, price per square foot settled around $208, and the typical sale closed at just over $427,000. Sellers recovered close to 97 cents on the dollar, a slight improvement over the annual average. Roughly four in ten transactions included concessions averaging around $9,100, and just over half of closings settled below list — a concession structure that has been consistent across recent quarters. Year-over-year, prices have risen nearly 7%.
The pipeline picture in Decatur tells a more measured story than the closing velocity alone suggests. With roughly nine months of supply in the active market and only 53 homes under contract against 323 available, the absorption rate remains well below the pace needed to tighten conditions. New listings — around 205 over the past three months — have continued to outpace pending activity, sustaining a buyer-favorable supply environment. Until pending volume shows a sustained uptick, the faster closing pace on completed sales may reflect selective demand rather than a broad market reacceleration.
Market Updates
The pace at which Decatur homes are moving to close accelerated in the most recent quarter, with the median days on market falling to the mid-40s — roughly 15% faster than the full trailing-year pace. Based on MLS data for June 2026 closings in Decatur, price per square foot settled around $208, and the typical sale closed at just over $427,000. Sellers recovered close to 97 cents on the dollar, a slight improvement over the annual average. Roughly four in ten transactions included concessions averaging around $9,100, and just over half of closings settled below list — a concession structure that has been consistent across recent quarters. Year-over-year, prices have risen nearly 7%.
The pipeline picture in Decatur tells a more measured story than the closing velocity alone suggests. With roughly nine months of supply in the active market and only 53 homes under contract against 323 available, the absorption rate remains well below the pace needed to tighten conditions. New listings — around 205 over the past three months — have continued to outpace pending activity, sustaining a buyer-favorable supply environment. Until pending volume shows a sustained uptick, the faster closing pace on completed sales may reflect selective demand rather than a broad market reacceleration.
At roughly $199 per square foot, Decatur closings in the most recent three-month window sit about 6% above the Wise County median — a price-per-square-foot premium that has held even as the figure dipped from around $209 over the full trailing year. Sellers recovered close to full asking, with the typical transaction closing near 97 cents on the dollar. Nearly half of all closings included seller concessions averaging around $9,000, and more than half of transactions settled under list. Based on MLS data for May 2026 closings in Decatur, the city continues to command a meaningful valuation step-up over surrounding Wise County.
At nearly 12 months of supply, Decatur's active pipeline reflects an inventory level well above balanced-market norms. New listings have been arriving at a pace that substantially outpaces contract activity — pending volume has fallen well below the rate needed to work down the available stock. That imbalance directionally sustains buyer positioning in near-term negotiations, with no immediate signals of supply tightening.
Zip Codes in Decatur
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Market data last updated Jul 1, 2026, 6:00 AM CDT · Editorial updated Jun 12, 2026, 7:10 PM CDT
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