Blackwell's real estate market is experiencing a price correction, with values down 36.1% from last year. Home prices have decreased 27.7% in the past month. With 32 active listings, inventory is 78% higher than seasonal norms. Homes are now taking an average of 158 days to sell, significantly longer than the 63 days typical for this market. A significant 31.3% 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 Blackwell market with the affordability index at 66.2. Current trends suggest further price adjustments may occur as the market continues to favor buyers.