The present housing market in Mount Sterling is down with high active listings and low sales volume. The median home price of $272,000 represents a substantial 33.0% increase from this time last year. With 11 active listings, inventory is 450% higher than seasonal norms. Sales volume is down 70% compared to seasonal expectations. A significant 27.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (66.7%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Mount Sterling market with the affordability index at 713.0. Looking ahead, the Mount Sterling market is expected to maintain its current trajectory with relatively stable conditions.