The housing market in Churchill continues to see strong price appreciation, with values up 67.7% compared to last year. The median home price of $260,000 represents a substantial 67.7% increase from this time last year. With 14 active listings, inventory is 75% higher than seasonal norms. Transaction volume is up 40% compared to what's typically expected this time of year. Approximately 28.6% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Churchill market with the affordability index at 440.3. Based on current market indicators, home prices in Churchill are projected to increase by approximately 7.9% over the next month.
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