The housing market in Bay Minette continues to see strong price appreciation, with values up 1646.7% compared to last year. Home prices have increased 5.2% in the past month alone. With 3.7 months of supply, Bay Minette's inventory levels remain relatively tight. Homes are now taking an average of 139 days to sell, significantly longer than the 14 days typical for this market. A significant 31.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 16.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Bay Minette market with the affordability index at 276.5. Looking ahead, the Bay Minette market is expected to maintain its current trajectory with relatively stable conditions.