Winterset's real estate market is experiencing a price correction, with values down 31.0% from last year. Home prices have decreased 32.1% in the past month. With 43 active listings, inventory is 231% higher than seasonal norms. Homes are taking about 32 days to sell, which is -7 days longer than this time last year. A significant 25.6% 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 Winterset market with the affordability index at 165.1. Based on current market indicators, home prices in Winterset are projected to increase by approximately 10.7% over the next month.