The present housing market in Locust Fork is down with high active listings and low sales volume. Home prices have decreased 9.4% in the past month. With 6 active listings, inventory is 500% higher than seasonal norms. Sales volume is down 50% compared to seasonal expectations. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Locust Fork market with the affordability index at 1350.4. Based on current market indicators, home prices in Locust Fork are projected to decrease by approximately 17.5% over the next month.
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