The housing market in Ozark continues to see strong price appreciation, with values up 48.2% compared to last year. Home prices have increased 20.5% in the past month alone. With 6.0 months of supply, Ozark's inventory levels remain relatively tight. Sales volume is down 53% compared to seasonal expectations. A significant 28.6% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 14.3% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Ozark market with the affordability index at 98.4. Looking ahead, the Ozark market is expected to maintain its current trajectory with relatively stable conditions.
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