The housing market in Granger continues to see strong price appreciation, with values up 109.7% compared to last year. Home prices have increased 28.5% in the past month alone. With only 1 active listings, inventory is 75% lower than typical for this time of year. Homes are now taking an average of 75 days to sell, significantly longer than the 8 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 Granger market with the affordability index at 1103.0. Based on current market indicators, home prices in Granger are projected to decrease by approximately 19.8% over the next month.