The housing market in Howland Center continues to see strong price appreciation, with values up 56.5% compared to last year. Home prices have increased 4.7% in the past month alone. With 12 active listings, inventory is 100% higher than seasonal norms. Homes are now taking an average of 146 days to sell, significantly longer than the 3 days typical for this market. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Howland Center market with the affordability index at 170.2. Looking ahead, the Howland Center market is expected to maintain its current trajectory with relatively stable conditions.
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