The housing market in Millstadt continues to see strong price appreciation, with values up 21.1% compared to last year. Home prices have decreased 40.0% in the past month. With 3.7 months of supply, Millstadt's inventory levels remain relatively tight. Sales volume is down 40% compared to seasonal expectations. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Millstadt market with the affordability index at 416.6. Based on current market indicators, home prices in Millstadt are projected to decrease by approximately 6.5% over the next month.
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