With only 1.3 months of inventory, Bowling Green remains a seller's market. The median home price of $250,000 represents a moderate 6.8% increase from this time last year. At the current pace, all available homes in Bowling Green would sell out in just 1.3 months, indicating a continued supply shortage. Transaction volume is up 183% compared to what's typically expected this time of year. Only 9.1% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 41.2% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Bowling Green market with the affordability index at 44.7. Based on current market indicators, home prices in Bowling Green are projected to increase by approximately 4.3% over the next month.
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