The housing market in Manton continues to see strong price appreciation, with values up 52.6% compared to last year. The median home price of $145,000 represents a substantial 52.6% increase from this time last year. With 6 active listings, inventory is 200% higher than seasonal norms. Homes are taking about 38 days to sell, which is 11 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 Manton market with the affordability index at 574.3. Based on current market indicators, home prices in Manton are projected to increase by approximately 4.1% over the next month.
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