The Pell City housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 7.2% in the past month. With 4.7 months of supply, Pell City's inventory levels remain relatively tight. Homes are now taking an average of 122 days to sell, significantly longer than the 76 days typical for this market. A significant 24.5% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 15.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Pell City market with the affordability index at 144.0. Based on current market indicators, home prices in Pell City are projected to decrease by approximately 7.0% over the next month.