LaGrange's real estate market is currently hot with low inventory and high demand. Home prices have decreased 30.2% in the past month. At the current pace, all available homes in LaGrange would sell out in just 1.5 months, indicating a continued supply shortage. Properties are selling within just 24 days on average, much faster than the historical norm of 78 days. A significant 33.3% 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 LaGrange market with the affordability index at 720.1. Looking ahead, the LaGrange market is expected to maintain its current trajectory with relatively stable conditions.
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