Commercial Real Estate Market in Decatur, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
230 active listings and 2,304 off-market properties in Decatur, AL. Commercial property asks $16/SF to buy and $11.13/SF/Yr to lease.
Market Trends
Decatur, AL spans 97.5 square miles in Morgan County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Decatur, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Decatur, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Decatur, AL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Decatur, AL asks $111/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 37.6%
- Residential 31.7%
- Industrial 19.6%
- Commercial 4.9%
- Civic 2.9%
- Mixed use 2.5%
Largest Zones share of zoned land by district
Agricultural
General Industrial
Single Family Residential
Single Family Residential
Agricultural
General Industrial (M-2)
Corridor Mixed Use District (UC-MX) Redevelopment District-2 (RD-2) B-6 Business District (Office District) Office Mixed Use District (O-MX) M-1 Industrial District (Light Industry) Light Industrial District (LI) M-2 Industrial District (General Industry) Industrial District (I) PLANNED DEVELOPMENT DISTRICTS All PRD Districts (Current PRD are all Residential…
Market overview
Demographics & Economy
Decatur, AL has 67,338 residents in 29,677 households. Density runs 691 people per square mile. Median household income here is $63,690 and median gross rent $859 a month.
67,338
Population
29,677
Households
2.3
Avg Household Size
40
Median Age
24%
College-Educated
84%
High-School Grad
97.5 sq mi
ZIP Area
691
Density / Sq Mi
$63,690
Median Household Income
$40,180
Median Earnings
$859
Median Rent
$190,175
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Trinity | — | — |
| Tanner | — | — |
| Hightower | — | — |
| Hillsboro | — | — |
Commercial property in Decatur, AL asks $16/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Decatur?
Commercial property in Decatur, AL asks an average of $16 per square foot. The 4 most recent recorded sales traded at a median of $189/SF. Multifamily carries the highest asking price at $111/SF.
How much does it cost to lease commercial space in Decatur?
Asking lease rates in Decatur, AL average $11.13 per square foot per year.
Where does Realmo's Decatur market data come from?
Realmo compiles Decatur, AL figures from 4 recent recorded sales, 176 active sale listings, 54 active lease listings, 2,304 tracked off-market properties, the current Decatur zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 176 active for-sale and 54 active for-lease listings in Decatur, AL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 39,310 zoned acres across 33 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
