Baileyton's real estate market is experiencing a price correction, with values down 12.3% from last year. Home prices have increased 2.4% in the past month alone. With 4.0 months of supply, Baileyton's inventory levels remain relatively tight. Homes are now taking an average of 194 days to sell, significantly longer than the 50 days typical for this market. A significant 50.0% 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 Baileyton market with the affordability index at 1571.5. Based on current market indicators, home prices in Baileyton are projected to increase by approximately 6.4% over the next month.