The present housing market in Hodgenville is down with high active listings and low sales volume. The median home price of $247,450 represents a substantial 15.1% increase from this time last year. With 12 active listings, inventory is 71% higher than seasonal norms. Homes are now taking an average of 45 days to sell, significantly longer than the 12 days typical for this market. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Hodgenville market with the affordability index at 439.9. Based on current market indicators, home prices in Hodgenville are projected to decrease by approximately 15.0% over the next month.