The present housing market in Tuscola is down with high active listings and low sales volume. The median home price of $465,000 represents a substantial 58.8% increase from this time last year. With 8.0 months of supply, Tuscola's inventory levels remain relatively tight. Homes are now taking an average of 179 days to sell, significantly longer than the 27 days typical for this market. A significant 37.5% 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 Tuscola market with the affordability index at 3049.2. Based on current market indicators, home prices in Tuscola are projected to decrease by approximately 10.7% over the next month.