Heceta Beach's real estate market is experiencing a price correction, with values down 5.6% from last year. Home prices have increased 12.2% in the past month alone. With 7.0 months of supply, Heceta Beach's inventory levels remain relatively tight. Properties are selling within just 3 days on average, much faster than the historical norm of 67 days. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Heceta Beach market with the affordability index at 1568.9. Based on current market indicators, home prices in Heceta Beach are projected to decrease by approximately 13.5% over the next month.