Conrad's real estate market is experiencing a price correction, with values down 8.8% from last year. The median home price in Conrad currently stands at $150,500. With 5.0 months of supply, Conrad's inventory levels remain relatively tight. Homes are now taking an average of 20 days to sell, significantly longer than the 4 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 Conrad market with the affordability index at 567.9. Based on current market indicators, home prices in Conrad are projected to decrease by approximately 10.9% over the next month.