The present housing market in Henagar is down with high active listings and low sales volume. The median home price of $228,000 represents a substantial 35.7% increase from this time last year. With 8 active listings, inventory is 100% higher than seasonal norms. Properties are selling within just 40 days on average, much faster than the historical norm of 81 days. A significant 37.5% 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 Henagar market with the affordability index at 767.0. Based on current market indicators, home prices in Henagar are projected to increase by approximately 4.3% over the next month.