The North Ogden housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 4.4% in the past month. With 3.3 months of supply, North Ogden's inventory levels remain relatively tight. Transaction volume is up 33% compared to what's typically expected this time of year. A significant 21.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 8.3% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the North Ogden market with the affordability index at 212.4. Based on current market indicators, home prices in North Ogden are projected to decrease by approximately 16.2% over the next month.