The Lonoke housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 52.0% in the past month alone. With 18 active listings, inventory is 80% higher than seasonal norms. Properties are selling within just 20 days on average, much faster than the historical norm of 61 days. A significant 27.8% 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 Lonoke market with the affordability index at 212.8. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.