The housing market in Butte Falls continues to see strong price appreciation, with values up 69.5% compared to last year. The median home price of $339,000 represents a substantial 69.5% increase from this time last year. With 3 active listings, inventory is 200% higher than seasonal norms. Homes are taking about 57 days to sell, which is -12 days longer than this time last year. A significant 33.3% 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 Butte Falls market with the affordability index at 3896.6. Based on current market indicators, home prices in Butte Falls are projected to decrease by approximately 7.2% over the next month.