$1,959 Closing Credit*
$165,000
749 SqFt
2 Beds
•1 Full Bath
Adam Atwood, Listing Office: Five Star Real Estate
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 November 2023
Since last year, Comstock Charter Township has remained a Seller's Market.
Key Takeaway
Comstock Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Comstock Charter Township, MI
How much do homes in Comstock Charter Township, MI cost?
Median Sold Price
$265,550
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,550(+5.0%)
Key Takeaway
Homes in Comstock Charter Township have sold for 5% more than they did a year ago.
Summary: The median home sold price in Comstock Charter Township was $265,550 in November 2024, up 5% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $117.4K | +2.1% |
| 2 Bedrooms | $125K | $165K | +32.0% |
| 3 Bedrooms | $246K | $253.7K | +3.2% |
| 4 Bedrooms | $292.5K | $310K | +6.0% |
| 5+ Bedrooms | $375K | $382.5K | +2.0% |
Summary: Comstock Charter Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 32%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
| Richland Township | $337.4K | $360K | +6.7% |
| Kalamazoo Charter Township | $219.4K | $230.5K | +5.1% |
| Comstock Charter Township | $253K | $265.5K | +5.0% |
| Galesburg | $290K | $275K | -5.2% |
Housing Supply in Comstock Charter Township, MI
How many homes are available in Comstock Charter Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 56 | +3.7% |
Summary: The Comstock Charter Township real estate market had 56 homes for sale in November 2024, a 3.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 22 | 27 | +22.7% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Comstock Charter Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 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. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Comstock Charter Township in November 2024, up by 33.3% month-over-month. Of the 12 sold homes, 58% were sold under asking, 42% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 28 Days | +69.0% |
Summary: Homes in Comstock Charter Township had an average of 28 days on market in Nov 2024, up by 69% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 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 November 2024, 12 homes were sold in Comstock Charter Township; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
