The housing market in Hesston continues to see strong price appreciation, with values up 34.9% compared to last year. Home prices have decreased 6.1% in the past month. At the current pace, all available homes in Hesston would sell out in just 1.0 months, indicating a continued supply shortage. Homes are now taking an average of 59 days to sell, significantly longer than the 11 days typical for this market. A significant 80.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 40.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Hesston market with the affordability index at 343.2. Based on current market indicators, home prices in Hesston are projected to decrease by approximately 4.5% over the next month.