With 8.0 months of inventory, Flomaton is currently in a buyer's market. Home prices have decreased 31.7% in the past month. With 8 active listings, inventory is 100% higher than seasonal norms. Properties are selling within just 19 days on average, much faster than the historical norm of 74 days. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Flomaton market with the affordability index at 473.0. Based on current market indicators, home prices in Flomaton are projected to increase by approximately 22.5% over the next month.
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