The Tyrone housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 12.5% in the past month alone. With 3.0 months of supply, Tyrone's inventory levels remain relatively tight. Properties are selling within just 19 days on average, much faster than the historical norm of 66 days. A significant 33.3% 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 Tyrone market with the affordability index at 2284.0. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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