$2,494 Closing Credit*
$210,000
1,288 SqFt
3 Beds
•2 Full Baths
Jennie Kranick, Listing Office: Chuck Jaqua, REALTOR
Is Comstock Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Comstock Charter Township was a Seller's Market.
Key Takeaway
Comstock Charter Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Comstock Charter Township, MI
How much do homes in Comstock Charter Township, MI cost?
Median Sold Price
$265,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+6.0%)
Key Takeaway
Homes in Comstock Charter Township have sold for 6% more than they did a year ago.
Summary: The median home sold price in Comstock Charter Township was $265,000 in October 2024, up 6% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $117.4K | +2.1% |
| 2 Bedrooms | $122.9K | $164.9K | +34.2% |
| 3 Bedrooms | $245K | $247.7K | +1.1% |
| 4 Bedrooms | $299.9K | $305K | +1.7% |
| 5+ Bedrooms | $375K | $382.5K | +2.0% |
Summary: Comstock Charter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 34.2%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
| Charleston Township | $272.8K | $290K | +6.3% |
| Comstock Charter Township | $250K | $265K | +6.0% |
| Kalamazoo Charter Township | $219.7K | $227.3K | +3.5% |
| Richland Township | $350K | $357.5K | +2.1% |
| Galesburg | $290K | $271K | -6.6% |
Housing Supply in Comstock Charter Township, MI
How many homes are available in Comstock Charter Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 58 | -1.7% |
Summary: The Comstock Charter Township real estate market had 58 homes for sale in October 2024, a 1.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Comstock Charter Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Comstock Charter Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Comstock Charter Township in October 2024, down by 42.9% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Comstock Charter Township, MI
How long does it take to sell a home in Comstock Charter Township, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 36 Days | +273.9% |
Summary: Homes in Comstock Charter Township had an average of 36 days on market in Oct 2024, up by 273.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Comstock Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Comstock Charter Township; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
