The present housing market in Moulton is down with high active listings and low sales volume. Home prices have decreased 8.9% in the past month. With 5.5 months of supply, Moulton's inventory levels remain relatively tight. Homes are now taking an average of 102 days to sell, significantly longer than the 8 days typical for this market. A significant 27.3% 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 Moulton market with the affordability index at 373.0. Current trends suggest further price adjustments may occur as the market continues to favor buyers.
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