The housing market in Rehobeth continues to see strong price appreciation, with values up 15.9% compared to last year. Home prices have decreased 16.7% in the past month. With 3.5 months of supply, Rehobeth's inventory levels remain relatively tight. Homes are taking about 77 days to sell, which is -60 days longer than this time last year. Only 7.1% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Rehobeth market with the affordability index at 1487.3. Based on current market indicators, home prices in Rehobeth are projected to decrease by approximately 8.6% over the next month.