The housing market in Momence continues to see strong price appreciation, with values up 27.6% compared to last year. Home prices have decreased 24.3% in the past month. With 2.0 months of supply, Momence's inventory levels remain relatively tight. Homes are now taking an average of 112 days to sell, significantly longer than the 62 days typical for this market. 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 Momence market with the affordability index at 355.4. Based on current market indicators, home prices in Momence are projected to decrease by approximately 7.8% over the next month.