The housing market in Beach Park continues to see strong price appreciation, with values up 22.6% compared to last year. Home prices have increased 19.5% in the past month alone. With 2.7 months of supply, Beach Park's inventory levels remain relatively tight. Homes are taking about 57 days to sell, which is 3 days longer than this time last year. Only 8.3% of listings saw price reductions, suggesting sellers are confident in their pricing. The majority of homes (55.6%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Beach Park market with the affordability index at 146.8. Based on current market indicators, home prices in Beach Park are projected to decrease by approximately 10.7% over the next month.