The present housing market in Birch Run is down with high active listings and low sales volume. Home prices have decreased 24.1% in the past month. With 9 active listings, inventory is 350% higher than seasonal norms. Properties are selling within just 4 days on average, much faster than the historical norm of 140 days. A significant 22.2% 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 Birch Run market with the affordability index at 667.7. Based on current market indicators, home prices in Birch Run are projected to decrease by approximately 5.3% over the next month.