The housing market in Slocomb continues to see strong price appreciation, with values up 207.1% compared to last year. The median home price of $211,900 represents a substantial 207.1% increase from this time last year. With 4.0 months of supply, Slocomb's inventory levels remain relatively tight. Homes are taking about 75 days to sell, which is 20 days longer than this time last year. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Slocomb market with the affordability index at 747.4. Based on current market indicators, home prices in Slocomb are projected to decrease by approximately 5.7% over the next month.
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