The present housing market in Gallipolis is down with high active listings and low sales volume. Home prices have decreased 36.0% in the past month. With 12 active listings, inventory is 140% higher than seasonal norms. Sales volume is down 60% compared to seasonal expectations. A significant 50.0% 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 Gallipolis market with the affordability index at 122.3. Current trends suggest further price adjustments may occur as the market continues to favor buyers.