With 25.0 months of inventory, Calera is currently in a buyer's market. The median home price in Calera currently stands at $197,000. At the current sales pace, it would take over 25.0 months to sell all available homes in Calera, indicating an oversupplied market. Homes are taking about 25 days to sell, which is NaN days longer than this time last year. Only 8.0% of listings saw price reductions, suggesting sellers are confident in their pricing. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Calera market with the affordability index at 155.2. Based on current market indicators, home prices in Calera are projected to increase by approximately 11.6% over the next month.
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