The housing market in Guntersville continues to see strong price appreciation, with values up 34.6% compared to last year. Home prices have increased 33.8% in the past month alone. With 5.5 months of supply, Guntersville's inventory levels remain relatively tight. Homes are now taking an average of 114 days to sell, significantly longer than the 54 days typical for this market. A significant 33.3% 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 Guntersville market with the affordability index at 463.1. Based on current market indicators, home prices in Guntersville are projected to decrease by approximately 17.9% over the next month.