Moapa Valley's real estate market is experiencing a price correction, with values down 68.8% from last year. Home prices have decreased 72.0% in the past month. At the current sales pace, it would take over 14.0 months to sell all available homes in Moapa Valley, indicating an oversupplied market. Properties are selling within just 3 days on average, much faster than the historical norm of 69 days. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Moapa Valley market with the affordability index at 166.9. Based on current market indicators, home prices in Moapa Valley are projected to increase by approximately 30.0% over the next month.