Spring Grove's real estate market is currently hot with low inventory and high demand. Home prices have increased 110.0% in the past month alone. With only 2 active listings, inventory is 60% lower than typical for this time of year. Homes are now taking an average of 79 days to sell, significantly longer than the 33 days typical for this market. 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 Spring Grove market with the affordability index at 764.8. Based on current market indicators, home prices in Spring Grove are projected to decrease by approximately 4.6% over the next month.