With only 1.0 months of inventory, Newburgh Heights remains a seller's market. The median home price in Newburgh Heights currently stands at $150,000. At the current pace, all available homes in Newburgh Heights would sell out in just 1.0 months, indicating a continued supply shortage. Properties are selling within just 6 days on average, much faster than the historical norm of 131 days. A significant 100.0% 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 Newburgh Heights market with the affordability index at 499.2. Based on current market indicators, home prices in Newburgh Heights are projected to increase by approximately 4.2% over the next month.
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