Dadeville's real estate market is experiencing a price correction, with values down 95.0% from last year. The median home price has fallen to $58,000, a significant 95.0% decrease year-over-year. With 2.0 months of supply, Dadeville's inventory levels remain relatively tight. Properties are selling within just 3 days on average, much faster than the historical norm of 37 days. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Dadeville market with the affordability index at 121.2. Based on current market indicators, home prices in Dadeville are projected to increase by approximately 11.1% over the next month.
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