The Palm Coast housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price in Palm Coast currently stands at $345,000. With 4.0 months of supply, Palm Coast's inventory levels remain relatively tight. Homes are taking about 72 days to sell, which is 7 days longer than this time last year. A significant 22.1% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 7.8% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Palm Coast market with the affordability index at 20.7. Based on current market indicators, home prices in Palm Coast are projected to decrease by approximately 13.1% over the next month.