Market report, updated

Penny Acres Home Values and Market Report

Condo, Single Family Residential, Townhome search in the subdivision of Penny Acres, in the city of Decatur

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Market report · Updated November 2, 2026

As of November 2, 2026, 18 homes sold in Penny Acres in the last 12 months at a median price of $327,250 ($142 per sq ft, up 18.4% from a year earlier). Sellers got a median 93.6% of their original asking price, and 28% of homes went from listing to closing within 60 days. 5 homes are for sale now.

Compiled by Wyze Realty.

Penny Acres at a Glance

Time period:
18homes sold, last 12 months
$327,250median sale price (average $357,019)
$142median price per sq ft
122 daysmedian from listing to closing
93.6% / 97.2%of original / of final asking price, median
17%sold at or above asking price
5 / 1for sale now / under contract (median asking $310K / $133K)
3.3months of supply at the last year's pace (seller's market)
28%sold within 60 days of listing (5 of 18)
+18.4%price per sq ft vs. the same months a year earlier ($142 vs. $120)
10 of 18cut their price before selling (median total cut $29,590)
1% abovewhat listings ask per sq ft vs. recent sales ($143 vs. $142)

As of November 2, 2026.

Penny Acres is a neighborhood that listings place in Decatur, ZIP 35601 (Morgan County). Most homes here were built between 1958 and 1965. Most are one-story homes. Listings show it zoned for Eastwood Elementary, Decatur Middle School and Decatur High; confirm any address with the school district. This page tracks what Penny Acres homes are actually selling for.

What Is Your Penny Acres Home Worth?Free, no-obligation price opinion from a local agent, based on the sales below.Get My Home ValueCall or Text (256) 808-6861

What Homes Like Yours Sold For

Find your home's size below. This is the quickest honest starting point for what your home might sell for. Condition, updates, lot and the exact street still move the number, which is why a walk-through matters.

Type your home's finished square footage to see the range similar Penny Acres homes sold for in the period selected above.

Your Competition Right Now

Homes for sale in Penny Acres today. If you list now, these are the homes buyers will compare yours with. The comparison with sold prices follows the time period you picked above.

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Sales in Penny Acres, Last 12 Months

Penny Acres vs. Nearby Subdivisions

Buyers shopping Penny Acres usually look at these too. Sales from the last 12 months in the same ZIP code, nearest first. Tap a name to open its report.

Thinking of Selling in Penny Acres?

Pricing against the right sales matters more than anything else. We will walk through your home with you, show you which of the sales above really compare to it, tell you what is worth fixing before you list and what is not, and give you a price range and a plan. You decide from there, with no pressure either way.

Get Your Penny Acres Price OpinionWe will look at your home, the sales above and what is for sale now, and give you a straight answer.Get My Home ValueSend a Message

More on the neighborhood itself, including location, schools and homes for sale: Penny Acres neighborhood guide. Also see the Decatur market report and market stats by town. For the bigger picture, see the Huntsville market analytics: price trends, a same-neighborhood price index and how long homes take to sell. Want a report for a different area or price range? Create your own market report.

Penny Acres Home Value Questions

How much is my Penny Acres home worth?

As of November 2, 2026, 18 homes sold in Penny Acres in the last 12 months at a median price of $327,250, about $142 per square foot. Homes of a similar size are the best guide: use the size table and the estimator on this page. Condition, updates, lot and street can move a home well above or below those figures. For a real number, request a free home value and we will compare your home with the closest recent sales.

How long does it take to sell a home in Penny Acres?

In the last 12 months, the median Penny Acres home took 122 days from listing to closing, and 28% sold within 60 days of listing. That includes the time under contract, usually 30 to 45 days for a financed sale. Homes priced in line with recent sales tend to sell faster than ones priced above them.

Are home prices going up in Penny Acres?

Price per square foot in Penny Acres was $142 in the last 12 months, up 18.4% from the same months a year earlier ($120). A handful of sales can swing this in a small neighborhood, so treat it as a direction, not a precise change for any one home.

What schools serve Penny Acres?

Listings in Penny Acres show Eastwood Elementary, Decatur Middle School and Decatur High. School zones can change, so always confirm a specific address with the district.

Source: ValleyMLS sales and listings for homes, townhomes and condos with the subdivision listed as Penny Acres. Figures are medians. Days are counted from listing to closing. This is general market information, not an appraisal or a value opinion for any specific home. Information deemed reliable but not guaranteed.

Market at a glance

Over the last 12 months, homes sold for 96.9% of list price in 150 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $284K Sold · $284K
$550K$460K$370K$280K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 4 sales in Jul. Last month: 1.

Where the market stands

All homes in this report, by status.

24homes
Active5 · 21%
Under contract1 · 4%
Sold (12 mo)18 · 75%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$319K
Under contract$133K
Sold$357K

Average days on market

Active192 days
Under contract108 days
Sold150 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 5
Average list price $318,740
Avg. days on market 192 days
Avg. price per ft² $142
Avg. living area 2,251 ft²
Avg. beds / baths 3.6 / 2.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 5 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 5 homes in this status.

1721 Pennylane$161
1513 Pennylane$148
2607 13th Street$143
1727 Pennylane Se$133
2405 Se College Street Se$128

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1727 Pennylane SeDecatur, AL 35601 432,287$305,000$13312 days
1721 PennylaneDecatur, AL 35601 431,919$309,900$16148 days
1513 PennylaneDecatur, AL 35601 31.51,740$259,000$148117 days
2607 13th StreetDecatur, AL 35601 32.52,513$359,900$143187 days
2405 Se College Street SeDecatur, AL 35601 42.752,797$359,900$128595 days
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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.