The housing market in Cushing continues to see strong price appreciation, with values up 52.3% compared to last year. Home prices have increased 55.9% in the past month alone. With 2.5 months of supply, Cushing's inventory levels remain relatively tight. Transaction volume is up 50% compared to what's typically expected this time of year. Approximately 16.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Cushing market with the affordability index at 102.6. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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