The housing market in Ola continues to see strong price appreciation, with values up 405.4% compared to last year. The median home price of $176,900 represents a substantial 405.4% increase from this time last year. With 5.0 months of supply, Ola's inventory levels remain relatively tight. Properties are selling within just 12 days on average, much faster than the historical norm of 90 days. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Ola market with the affordability index at 877.9. Based on current market indicators, home prices in Ola are projected to decrease by approximately 23.8% over the next month.