The Scottsville housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 24.3% in the past month. With 4.5 months of supply, Scottsville's inventory levels remain relatively tight. Homes are taking about 72 days to sell, which is 0 days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Scottsville market with the affordability index at 229.3. Based on current market indicators, home prices in Scottsville are projected to decrease by approximately 6.3% over the next month.
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