Gallant's real estate market is experiencing a price correction, with values down 19.1% from last year. The median home price has fallen to $275,000, a significant 19.1% decrease year-over-year. At the current pace, all available homes in Gallant would sell out in just 1.0 months, indicating a continued supply shortage. Homes are now taking an average of 620 days to sell, significantly longer than the 50 days typical for this market. A significant 100.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Gallant market with the affordability index at 2037.0. Looking ahead, the Gallant market is expected to maintain its current trajectory with relatively stable conditions.