The housing market in Knob Noster continues to see strong price appreciation, with values up 50.1% compared to last year. Home prices have decreased 37.1% in the past month. With 3.7 months of supply, Knob Noster's inventory levels remain relatively tight. Sales volume is down 40% compared to seasonal expectations. A significant 54.5% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Knob Noster market with the affordability index at 348.5. Based on current market indicators, home prices in Knob Noster are projected to increase by approximately 3.6% over the next month.