Ballwin's real estate market is experiencing a price correction, with values down 14.4% from last year. Home prices have decreased 14.2% in the past month. At the current pace, all available homes in Ballwin would sell out in just 0.7 months, indicating a continued supply shortage. Properties are selling within just 8 days on average, much faster than the historical norm of 20 days. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (52.9%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Ballwin market with the affordability index at 57.4. Based on current market indicators, home prices in Ballwin are projected to increase by approximately 4.9% over the next month.