The Live Oak housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 4.9% in the past month alone. With 3.3 months of supply, Live Oak's inventory levels remain relatively tight. Homes are now taking an average of 78 days to sell, significantly longer than the 45 days typical for this market. A significant 41.9% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 23.1% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Live Oak market with the affordability index at 90.6. Based on current market indicators, home prices in Live Oak are projected to decrease by approximately 6.3% over the next month.