Spindale's real estate market is experiencing a price correction, with values down 22.4% from last year. Home prices have decreased 60.7% in the past month. With 3.7 months of supply, Spindale's inventory levels remain relatively tight. Transaction volume is up 50% compared to what's typically expected this time of year. Only 4.5% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 16.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Spindale market with the affordability index at 110.3. Based on current market indicators, home prices in Spindale are projected to increase by approximately 12.1% over the next month.