Kettering's real estate market is experiencing a price correction, with values down 17.5% from last year. Home prices have decreased 14.5% in the past month. With 3.7 months of supply, Kettering's inventory levels remain relatively tight. Sales volume is down 50% compared to seasonal expectations. A significant 34.2% 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 Kettering market with the affordability index at 16.7. Looking ahead, the Kettering market is expected to maintain its current trajectory with relatively stable conditions.
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