The present housing market in Dubuque is down with high active listings and low sales volume. Home prices have increased 11.2% in the past month alone. With 2.3 months of supply, Dubuque's inventory levels remain relatively tight. Homes are taking about 33 days to sell, which is -1 days longer than this time last year. A significant 24.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 34.9% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Dubuque market with the affordability index at 27.4. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.