The housing market in Lake Lotawana continues to see strong price appreciation, with values up 17.8% compared to last year. Home prices have decreased 18.7% in the past month. At the current pace, all available homes in Lake Lotawana would sell out in just 1.7 months, indicating a continued supply shortage. Homes are now taking an average of 125 days to sell, significantly longer than the 72 days typical for this market. A significant 23.5% 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 Lake Lotawana market with the affordability index at 878.5. Looking ahead, the Lake Lotawana market is expected to maintain its current trajectory with relatively stable conditions.