Wapakoneta's real estate market is experiencing a price correction, with values down 16.3% from last year. Home prices have increased 5.6% in the past month alone. With 2.7 months of supply, Wapakoneta's inventory levels remain relatively tight. Homes are taking about 29 days to sell, which is -5 days longer than this time last year. A significant 31.6% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 28.6% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Wapakoneta market with the affordability index at 86.9. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.