The housing market in Cohocton continues to see strong price appreciation, with values up 28.2% compared to last year. Home prices have increased 345.7% in the past month alone. At the current pace, all available homes in Cohocton would sell out in just 0.5 months, indicating a continued supply shortage. Homes are now taking an average of 37 days to sell, significantly longer than the 10 days typical for this market. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Cohocton market with the affordability index at 1004.9. Based on current market indicators, home prices in Cohocton are projected to decrease by approximately 27.2% over the next month.