The housing market in Stafford Springs continues to see strong price appreciation, with values up 54.7% compared to last year. Home prices have decreased 12.1% in the past month. With only 4 active listings, inventory is 60% lower than typical for this time of year. Properties are selling within just 11 days on average, much faster than the historical norm of 40 days. A significant 25.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (80.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Stafford Springs market with the affordability index at 285.6. Based on current market indicators, home prices in Stafford Springs are projected to decrease by approximately 7.8% over the next month.