Choctaw Lake's real estate market is currently hot with low inventory and high demand. Home prices have decreased 47.1% in the past month. With only 4 active listings, inventory is 56% lower than typical for this time of year. Properties are selling within just 73 days on average, much faster than the historical norm of 149 days. A significant 50.0% 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 Choctaw Lake market with the affordability index at 942.9. Based on current market indicators, home prices in Choctaw Lake are projected to increase by approximately 5.3% over the next month.