Pavillion's real estate market is experiencing a price correction, with values down 65.0% from last year. The median home price has fallen to $58,500, a significant 65.0% decrease year-over-year. At the current pace, all available homes in Pavillion would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 42 days to sell, which is -7 days longer than this time last year. 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 Pavillion market with the affordability index at 1017.4. Based on current market indicators, home prices in Pavillion are projected to increase by approximately 8.9% over the next month.