The housing market in Gosnell continues to see strong price appreciation, with values up 280.1% compared to last year. The median home price of $121,625 represents a substantial 280.1% increase from this time last year. With 3.0 months of supply, Gosnell's inventory levels remain relatively tight. Transaction volume is up 100% compared to what's typically expected this time of year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Gosnell market with the affordability index at 203.9. Looking ahead, the Gosnell market is expected to maintain its current trajectory with relatively stable conditions.
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