The housing market in Lipscomb continues to see strong price appreciation, with values up 447.5% compared to last year. Home prices have increased 136.8% in the past month alone. With 3.0 months of supply, Lipscomb's inventory levels remain relatively tight. Homes are now taking an average of 91 days to sell, significantly longer than the 14 days typical for this market. A significant 33.3% 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 Lipscomb market with the affordability index at 463.5. Based on current market indicators, home prices in Lipscomb are projected to decrease by approximately 25.7% over the next month.