The housing market in Von Ormy continues to see strong price appreciation, with values up 51.1% compared to last year. Home prices have decreased 44.3% in the past month. At the current pace, all available homes in Von Ormy would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 60 days to sell, which is 11 days longer than this time last year. A significant 100.0% 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 Von Ormy market with the affordability index at 1297.7. Looking ahead, the Von Ormy market is expected to maintain its current trajectory with relatively stable conditions.
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