Menasha's real estate market is experiencing a price correction, with values down 6.5% from last year. Home prices have decreased 8.8% in the past month. At the current pace, all available homes in Menasha would sell out in just 1.5 months, indicating a continued supply shortage. Transaction volume is up 35% compared to what's typically expected this time of year. Only 8.6% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 47.8% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Menasha market with the affordability index at 53.0. Based on current market indicators, home prices in Menasha are projected to decrease by approximately 3.7% over the next month.
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