Talladega's real estate market is experiencing a price correction, with values down 21.3% from last year. Home prices have decreased 3.2% in the past month. With 2.9 months of supply, Talladega's inventory levels remain relatively tight. Homes are taking about 77 days to sell, which is -33 days longer than this time last year. A significant 34.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 18.8% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Talladega market with the affordability index at 70.1. Looking ahead, the Talladega market is expected to maintain its current trajectory with relatively stable conditions.