Housing Market adjustments

The Crooksville real estate market showed slight movement over the past month, as new property listings increased modestly, giving potential homebuyers more options to choose from. However, overall housing inventory remains limited, which continues to support steady demand and gradual increases in asking prices.

According to data from TaxLiens.com, Crooksville has seen a small but notable uptick in available homes, a shift that may encourage more sellers to enter the market before the next spring buying season. Despite the increase, the number of active listings is still below historical averages — a sign that the local market remains tight.

Recent Listings

Current listings in Crooksville include several single-family homes of varying sizes and price points:

• Ceramic Road: 2 bedrooms, 1 bath – 976 sq. ft.
• Cahalen Street: 3 bedrooms, 1 bath – 1,462 sq. ft.
• Whitehouse Street: 3 bedrooms, 1 bath – 1,080 sq. ft.
• Walnut Street: 4 bedrooms, 1 bath – 1,120 sq. ft.
• Walnut Street: 3 bedrooms, 1.5 baths – 1,316 sq. ft.
• Heskett Street: 3 bedrooms, 1 bath – 1,520 sq. ft.
• Whitehouse Street: 2 bedrooms, 1 bath – 784 sq. ft.

While these listings show increased activity, affordability and access to lending remain ongoing concerns, especially as mortgage rates continue to fluctuate nationwide.

Foreclosure Activity on the Rise

Foreclosure starts have also been trending upward this year, rising 12% in July compared to the previous month and 11% higher year-over-year from July 2024. Experts anticipate the upward trend to continue through the third quarter and into the remainder of 2025.

According to David Zielesch, Senior Director of Hubzu Foreclosure Auction Operations, the increase in completed foreclosure sales — especially among FHA loans — is being influenced by federal policy changes. The COVID-19 Loss Mitigation Options program, which provided temporary relief for struggling homeowners, is set to expire on September 30, 2025. Additionally, a new rule will restrict permanent loss mitigation assistance to once every 24 months, potentially putting more borrowers at risk.

Outlook

For Crooksville homeowners and potential buyers, these trends signal both opportunity and caution. The limited housing supply may keep property values stable or slightly rising, while the foreclosure uptick could create new listings at competitive prices later in the year.

Local real estate agents encourage potential sellers to list properties before the spring surge, while buyers are advised to stay alert for new listings and foreclosure auctions that may emerge as the market adjusts.