Marmaduke's real estate market is experiencing a price correction, with values down 59.4% from last year. Home prices have decreased 84.3% in the past month. With 5 active listings, inventory is 150% higher than seasonal norms. Properties are selling within just 74 days on average, much faster than the historical norm of 676 days. A significant 40.0% 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 Marmaduke market with the affordability index at 100.2. Based on current market indicators, home prices in Marmaduke are projected to increase by approximately 12.2% over the next month.