The Readlyn housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 10.0% in the past month. With 3.0 months of supply, Readlyn's inventory levels remain relatively tight. Homes are taking about 7 days to sell, which is 0 days longer than this time last year. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Readlyn market with the affordability index at 1212.6. Based on current market indicators, home prices in Readlyn are projected to decrease by approximately 5.9% over the next month.