The housing market in Sweet Home continues to see strong price appreciation, with values up 328.6% compared to last year. The median home price of $300,000 represents a substantial 328.6% increase from this time last year. With 2 active listings, inventory is 100% higher than seasonal norms. Homes are now taking an average of 210 days to sell, significantly longer than the 1 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 Sweet Home market with the affordability index at 2510.5. Based on current market indicators, home prices in Sweet Home are projected to decrease by approximately 18.7% over the next month.