South Rockwood's real estate market is experiencing a price correction, with values down 58.7% from last year. The median home price has fallen to $194,000, a significant 58.7% decrease year-over-year. With 2.0 months of supply, South Rockwood's inventory levels remain relatively tight. Transaction volume is up 100% compared to what's typically expected this time of 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 South Rockwood market with the affordability index at 519.4. Based on current market indicators, home prices in South Rockwood are projected to increase by approximately 16.6% over the next month.