The present housing market in Algood is down with high active listings and low sales volume. Home prices have decreased 11.1% in the past month. With 10 active listings, inventory is 67% higher than seasonal norms. Homes are now taking an average of 172 days to sell, significantly longer than the 61 days typical for this market. A significant 30.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Algood market with the affordability index at 289.9. Based on current market indicators, home prices in Algood are projected to decrease by approximately 6.1% over the next month.