The housing market in Munford continues to see strong price appreciation, with values up 15.6% compared to last year. Home prices have increased 44.4% in the past month alone. With 5 active listings, inventory is 400% higher than seasonal norms. Properties are selling within just 143 days on average, much faster than the historical norm of 367 days. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Munford market with the affordability index at 837.4. Based on current market indicators, home prices in Munford are projected to increase by approximately 7.9% over the next month.
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