The Pike Road housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 13.2% in the past month alone. With 5.0 months of supply, Pike Road's inventory levels remain relatively tight. Transaction volume is up 55% compared to what's typically expected this time of year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Pike Road market with the affordability index at 370.0. Based on current market indicators, home prices in Pike Road are projected to decrease by approximately 9.3% over the next month.