Boaz's real estate market is experiencing a price correction, with values down 12.9% from last year. Home prices have decreased 18.7% in the past month. With 2.5 months of supply, Boaz's inventory levels remain relatively tight. Properties are selling within just 28 days on average, much faster than the historical norm of 72 days. A significant 36.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 30.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Boaz market with the affordability index at 144.2. Based on current market indicators, home prices in Boaz are projected to increase by approximately 12.9% over the next month.