The housing market in Piperton continues to see strong price appreciation, with values up 127.0% compared to last year. Home prices have increased 173.0% in the past month alone. At the current sales pace, it would take over 26.0 months to sell all available homes in Piperton, indicating an oversupplied market. Properties are selling within just 7 days on average, much faster than the historical norm of 207 days. Only 7.7% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Piperton market with the affordability index at 2698.1. Based on current market indicators, home prices in Piperton are projected to decrease by approximately 27.3% over the next month.