The housing market in Mount Orab continues to see strong price appreciation, with values up 45.6% compared to last year. Home prices have increased 5.4% in the past month alone. With 2.1 months of supply, Mount Orab's inventory levels remain relatively tight. Homes are taking about 116 days to sell, which is 33 days longer than this time last year. Only 8.7% 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 Mount Orab market with the affordability index at 363.0. Based on current market indicators, home prices in Mount Orab are projected to decrease by approximately 3.8% over the next month.
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