Is Comer, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Comer is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Comer was a Seller's Market.

Key Takeaway

Comer is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Comer, GA

How much do homes in Comer, GA cost?

Median Sold Price

$305,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,000(+9.3%)

Key Takeaway

Homes in Comer have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Comer was $305,000 in October 2024, up 9.3% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $180K$205.5K
+14.2%
3 $279K$305K
+9.3%
4 $297.6K$366.3K
+23.1%
5+ $600K$645K
+7.5%

Summary: Comer housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 7.5%.

Housing Supply in Comer, GA

How many homes are available in Comer, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2729+7.4%

Summary: The Comer real estate market had 29 homes for sale in October 2024, a 7.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 13
+200.0%
3 2018
-10.0%
4 45
+25.0%
5+ 22
0.0%

Summary: The Comer housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Comer, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Comer in October 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Comer, GA

How long does it take to sell a home in Comer, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
74 Days55 Days-24.9%

Summary: Homes in Comer had an average of 55 days on market in Oct 2024, down by 24.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Comer has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Comer; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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