Henning's real estate market is experiencing a price correction, with values down 8.8% from last year. Home prices have decreased 70.9% in the past month. With 5 active listings, inventory is 150% higher than seasonal norms. Homes are now taking an average of 88 days to sell, significantly longer than the 19 days typical for this market. A significant 40.0% 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 Henning market with the affordability index at 376.3. Based on current market indicators, home prices in Henning are projected to increase by approximately 26.5% over the next month.