Tower City's real estate market is experiencing a price correction, with values down 45.4% from last year. Home prices have decreased 50.1% in the past month. With 3.0 months of supply, Tower City's inventory levels remain relatively tight. Properties are selling within just 6 days on average, much faster than the historical norm of 16 days. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Tower City market with the affordability index at 415.3. Based on current market indicators, home prices in Tower City are projected to increase by approximately 16.3% over the next month.