Tobaccoville's real estate market is experiencing a price correction, with values down 51.6% from last year. Home prices have increased 9.7% in the past month alone. With only 2 active listings, inventory is 71% lower than typical for this time of year. Sales volume is down 33% compared to seasonal expectations. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Tobaccoville market with the affordability index at 573.9. Based on current market indicators, home prices in Tobaccoville are projected to decrease by approximately 8.8% over the next month.