Meadows Place's real estate market is experiencing a price correction, with values down 28.1% from last year. Home prices have decreased 28.0% in the past month. With 2.7 months of supply, Meadows Place's inventory levels remain relatively tight. Homes are now taking an average of 60 days to sell, significantly longer than the 21 days typical for this market. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Meadows Place market with the affordability index at 267.6. Based on current market indicators, home prices in Meadows Place are projected to increase by approximately 10.4% over the next month.