Kingsville's real estate market is experiencing a price correction, with values down 31.5% from last year. Home prices have increased 16.4% in the past month alone. At the current pace, all available homes in Kingsville would sell out in just 0.7 months, indicating a continued supply shortage. Homes are now taking an average of 35 days to sell, significantly longer than the 3 days typical for this market. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 28.6% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Kingsville market with the affordability index at 817.2. Based on current market indicators, home prices in Kingsville are projected to decrease by approximately 8.4% over the next month.