The housing market in Sterlington continues to see strong price appreciation, with values up 262.6% compared to last year. Home prices have decreased 10.6% in the past month. With 3.3 months of supply, Sterlington's inventory levels remain relatively tight. Homes are now taking an average of 270 days to sell, significantly longer than the 49 days typical for this market. A significant 30.0% 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 Sterlington market with the affordability index at 539.1. Based on current market indicators, home prices in Sterlington are projected to increase by approximately 5.7% over the next month.