Nederland's real estate market is currently hot with low inventory and high demand. Home prices have decreased 26.1% in the past month. At the current pace, all available homes in Nederland would sell out in just 0.6 months, indicating a continued supply shortage. Transaction volume is up 67% compared to what's typically expected this time of year. A significant 66.7% 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 Nederland market with the affordability index at 1876.0. Looking ahead, the Nederland market is expected to maintain its current trajectory with relatively stable conditions.