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Decatur · ZIP 35601

Penny Acres Homes for Sale and Home Values

A Decatur neighborhood with mostly one-story homes built 1956 to 1987, typically about 2,250 sq ft on a third to a half of an acre.

$327,250Median sale price18 resales, last 12 months
$142Per square footup 18.4% from a year earlier
5Homes for sale nowplus 1 under contract
121 daysListing to closingmedian, last 12 months

As of November 1, 2026. Compiled by Wyze Realty.

Penny Acres Homes for Sale

As of November 1, 2026, 5 homes are for sale in Penny Acres, asking $259,000 to $359,900 (median $309,900, about $143 per sq ft), and 1 more is under contract.

Swipe sideways to see all 5 homes.

See Every Home for Sale on the Map

How Often Homes Sell Here

About 13 Resales a Year

How Often and When Homes List Here

39 resales in 3 years; busiest months: July and April

Over the last 3 years, 39 resale homes sold in Penny Acres, about one a month.

When Penny Acres homes were listed over the last 3 years. Homes came up in nearly every month; July and April were the busiest (5 each). The median home took 121 days from listing to closing in the last 12 months.

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Penny Acres Home Values

What's My Home Worth Here?

Enter your home's finished square footage for an instant range based on similar-size Penny Acres sales.

For another size, call (256) 808-6861 or request a free value.

$305,000 to $355,000

For a typical 2,250 sq ft home here. Middle of the range: about $335,000. Based on 9 Penny Acres resales between 1,950 and 2,210 sq ft in the last 12 months.

A rough range from size alone, not an appraisal. Updates, condition, lot and street can put a home outside it. Your exact value comes from a free, no-pressure walk-through with a local agent.

What Homes Like Yours Sold For

Most sales: 2,000 to 2,499, median $305K

What resale homes in Penny Acres brought over the last 3 years, by size. Your home's row is a fair first look at its value. Most sales here were in the 2,000 to 2,499 group.

Home sizeSalesMedianRange
Under 1,600 sq ft1$150Kone sale$101 per sq ft
1,600 to 1,9996$270K$188K to $310K$146 per sq ft
2,000 to 2,49918$305K$200K to $392K$136 per sq ft
2,500 to 2,99911$332K$230K to $553K$122 per sq ft
3,000 and up3$415K$322K to $495K$120 per sq ft

Price per Square Foot Over Time

$108 to $142: a real gain over the period

Each point is the median price per square foot of resales in the 12 months ending that month. It went from $108 in the year to August 2025 to $142 now: a real gain over the period.

$100$110$120$130$140$150Aug '25Nov '25Jan '26May '26Aug '26Nov '26$108$142
Show the numbers
12 months toSalesMedian pricePer sq ft
Aug 202511$259,000$108
Nov 202511$274,000$120
Jan 202610$287,000$122
May 202613$320,000$134
Aug 202617$332,000$134
Nov 202618$327,250$142

How the Market Is Moving

121 days listing to closing, 93.6% of asking, seller-leaning market
121 daysmedian from listing to closing (5 of 18 closed within 60 days)
93.6%of the original asking price, median
10 of 18sellers lowered the price before selling
3.3 monthsof supply at the last year's pace, a seller-leaning market

Homes for sale now ask about $143 per sq ft against $142 for recent sales. The typical seller here took about 6% less than the first asking price, so pricing right from day one matters.

Recent Home Sales in Penny Acres

The 10 most recent sales. Street names only; days are from listing to closing.

StreetSq ftSoldClosed
Greenwood Drive4 bd / 2 ba2,064$284K$138/sq ftOct 202634 days
Woodland Street4 bd / 3.5 ba2,879$553K$192/sq ftSep 202669 days
Pennylane SE3 bd / 2 ba2,680$295K$110/sq ftSep 202645 days
College Street3 bd / 1.75 ba2,109$285K$135/sq ftSep 2026154 days
13th Street SE3 bd / 2 ba2,107$392K$186/sq ftAug 202663 days

Show All Recent Sales

5 more sales, back to June 2026
StreetSq ftSoldClosed
College Street SE5 bd / 2.5 ba3,234$322K$100/sq ftJul 2026190 days
13th Street SE3 bd / 2.5 ba2,210$243K$110/sq ftJul 2026311 days
Greenwood Drive SE4 bd / 2.75 ba3,362$495K$147/sq ftJul 202655 days
Greenwood Drive SE4 bd / 2.75 ba2,835$485K$171/sq ftJul 2026211 days
Dogwood Lane SE4 bd / 1.75 ba2,697$304K$113/sq ftJun 2026215 days
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Schools for Penny Acres Homes

HighDecatur HighSchool guide

About These School Assignments

Per the listings; verify an address with the school district

Recent Penny Acres listings show these assigned schools.

Assigned schools per the listings. Zone lines can change, so verify a specific address with the school district before you buy.

Around Penny Acres

Map of Penny Acres and Nearby Neighborhoods

The outline plus 5 nearby neighborhoods with prices and homes for sale
Map: Penny Acres and nearby Fairview Land Company, Brookmead, Crestview Heights, Pointe Mallard Estates, Point Mallard Pkwy. Open the map search

Penny Acres is in Decatur, ZIP 35601. Use the map search to see every home listed under this name.

Neighborhood History

Homes built 1956 to 1987

Homes that have sold or listed recently were built from 1956 to 1987 and range from about 1,500 to 3,450 sq ft; 33 of the 43 with a recorded style were one-story. That makes it mostly mid-century construction. Lots run a third to a half of an acre.

Compare Nearby Neighborhoods

Resale and new home sales in the last 12 months, nearest first. Tap a name to open its page.

NeighborhoodSalesMedianPer sq ft
Penny Acresthis page18$327K$142
Fairview Land Company9$285K$133
Brookmead7$324K$157
Crestview Heights4$212K$137
Pointe Mallard Estates9$379K$142

Compare More Nearby Neighborhoods

Morningside and Harrison Heights
NeighborhoodSalesMedianPer sq ft
Morningside11$204K$134
Harrison Heights2$738K$219

All sales, including new homes, so every row compares the same way. Neighborhoods with fewer than 2 sales are left out.

Tools for This Neighborhood

Near Major Employers

Estimated drive times from Penny Acres with no traffic:

All major employers · Commute times and traffic

Penny Acres Questions

What do homes in Penny Acres sell for?

As of November 1, 2026, 18 resale homes in Penny Acres sold in the last 12 months at a median price of $327,250, or $142 per square foot. Most sales fall between about $243K and $553K depending on size.

How much is my Penny Acres home worth?

Start with homes of a similar size: a typical 2,250 sq ft home here would fall around $305,000 to $355,000 based on recent resales. Updates, condition, lot and street can move a home outside that range, so for a real number request a free home value and we will compare your home with the closest sales.

How fast do homes sell in Penny Acres?

The median home took 121 days from listing to closing in the last 12 months, and 5 of 18 closed within 60 days. Sellers got a median of 93.6% of their original asking price.

What schools are Penny Acres homes assigned to?

Listings in Penny Acres show Eastwood Elementary, Decatur Middle and Decatur High School. Zone lines can change, so verify a specific address with the school district.

How old are the homes in Penny Acres?

Homes that have sold or listed recently were built from 1956 to 1987.

Are most homes in Penny Acres one story?

Yes. 33 of the 43 recent listings with a recorded style were one-story, typically about 2,250 sq ft.

Talk to a Local Agent About Penny Acres

Thinking about a move in or out of Penny Acres? Ask us anything; you will get a plain answer and no sales pitch.

Source: ValleyMLS; deemed reliable but not guaranteed. Homes, townhomes and condos listed under the subdivision name Penny Acres in ZIP 35601. Figures are medians as of November 1, 2026. This is general market information, not an appraisal or a value opinion for any specific home.

Homes for sale in Penny Acres

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Listing data is derived in whole or in part from NALMLS and is for consumers' personal, non-commercial use only. All data should be independently verified..

This 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. Data is deemed reliable but not guaranteed.

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