Choccolocco's real estate market is experiencing a price correction, with values down 8.6% from last year. Home prices have increased 27.6% in the past month alone. At the current pace, all available homes in Choccolocco would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 36 days to sell, which is -5 days longer than this time last year. Approximately 20.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Choccolocco market with the affordability index at 765.5. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.