Blountsville's real estate market is experiencing a price correction, with values down 26.9% from last year. Home prices have increased 281.0% in the past month alone. At the current pace, all available homes in Blountsville would sell out in just 1.5 months, indicating a continued supply shortage. Properties are selling within just 48 days on average, much faster than the historical norm of 103 days. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Blountsville market with the affordability index at 896.6. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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