With only 1.6 months of inventory, Le Sueur remains a seller's market. Home prices have decreased 38.3% in the past month. At the current pace, all available homes in Le Sueur would sell out in just 1.6 months, indicating a continued supply shortage. Properties are selling within just 29 days on average, much faster than the historical norm of 72 days. A significant 37.5% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (60.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Le Sueur market with the affordability index at 211.2. Based on current market indicators, home prices in Le Sueur are projected to increase by approximately 17.1% over the next month.
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