The present housing market in Emerald Mountain is down with high active listings and low sales volume. Home prices have decreased 9.6% in the past month. At the current sales pace, it would take over 11.5 months to sell all available homes in Emerald Mountain, indicating an oversupplied market. Sales volume is down 71% compared to seasonal expectations. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Emerald Mountain market with the affordability index at 856.2. Current trends suggest further price adjustments may occur as the market continues to favor buyers.