Stevenson's real estate market is experiencing a price correction, with values down 70.3% from last year. The median home price has fallen to $200,000, a significant 70.3% decrease year-over-year. With 6.0 months of supply, Stevenson's inventory levels remain relatively tight. Homes are now taking an average of 62 days to sell, significantly longer than the 17 days typical for this market. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Stevenson market with the affordability index at 591.7. Based on current market indicators, home prices in Stevenson are projected to increase by approximately 8.6% over the next month.
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