The housing market in Millwood continues to see strong price appreciation, with values up 50.6% compared to last year. Home prices have increased 29.9% in the past month alone. With 2.5 months of supply, Millwood's inventory levels remain relatively tight. Homes are taking about 31 days to sell, which is -18 days longer than this time last year. A significant 60.0% 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 Millwood market with the affordability index at 1274.9. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.