The housing market in Columbiana continues to see strong price appreciation, with values up 46.6% compared to last year. Home prices have increased 4.5% in the past month alone. With 30 active listings, inventory is 88% higher than seasonal norms. Transaction volume is up 100% compared to what's typically expected this time of year. A significant 26.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 41.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Columbiana market with the affordability index at 361.7. Based on current market indicators, home prices in Columbiana are projected to increase by approximately 5.9% over the next month.