Bethel Heights's real estate market is experiencing a price correction, with values down 49.2% from last year. The median home price has fallen to $285,000, a significant 49.2% decrease year-over-year. At the current pace, all available homes in Bethel Heights would sell out in just 1.6 months, indicating a continued supply shortage. Transaction volume is up 400% compared to what's typically expected this time of year. A significant 75.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 40.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Bethel Heights market with the affordability index at 756.0. Based on current market indicators, home prices in Bethel Heights are projected to decrease by approximately 14.9% over the next month.