The Log Cabin housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price in Log Cabin currently stands at $55,000. With 6.0 months of supply, Log Cabin's inventory levels remain relatively tight. Homes are taking about 28 days to sell, which is 0 days longer than this time last year. 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 Log Cabin market with the affordability index at 270.3. Based on current market indicators, home prices in Log Cabin are projected to decrease by approximately 3.5% over the next month.
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