With 8.0 months of inventory, Mentone is currently in a buyer's market. The median home price in Mentone currently stands at $493,900. With 8.0 months of supply, Mentone's inventory levels remain relatively tight. Homes are taking about 6 days to sell, which is NaN days longer than this time last year. A significant 25.0% 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 Mentone market with the affordability index at 7870.9. Based on current market indicators, home prices in Mentone are projected to decrease by approximately 6.2% over the next month.
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