The housing market in Sand Springs continues to see strong price appreciation, with values up 12.5% compared to last year. Home prices have decreased 4.8% in the past month. With 2.8 months of supply, Sand Springs's inventory levels remain relatively tight. Homes are taking about 12 days to sell, which is -4 days longer than this time last year. A significant 29.2% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (52.9%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Sand Springs market with the affordability index at 65.0. Based on current market indicators, home prices in Sand Springs are projected to decrease by approximately 7.6% over the next month.