Hokes Bluff's real estate market is currently hot with low inventory and high demand. Home prices have decreased 13.4% in the past month. With 2.5 months of supply, Hokes Bluff's inventory levels remain relatively tight. Properties are selling within just 27 days on average, much faster than the historical norm of 69 days. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 25.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Hokes Bluff market with the affordability index at 303.5. Based on current market indicators, home prices in Hokes Bluff are projected to increase by approximately 12.3% over the next month.