With only 2.9 months of inventory, Huntsville remains a seller's market. The median home price in Huntsville currently stands at $335,000. With 2.9 months of supply, Huntsville's inventory levels remain relatively tight. Homes are taking about 40 days to sell, which is -10 days longer than this time last year. A significant 34.1% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 13.2% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Huntsville market with the affordability index at 10.8. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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