Explore Comstock Park, MI - Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
The housing market in Comstock Park continues to see strong price appreciation, with values up 20.7% compared to last year. Home prices have increased 14.1% in the past month alone. At the current pace, all available homes in Comstock Park would sell out in just 0.6 months, indicating a continued supply shortage. Homes are now taking an average of 8 days to sell, significantly longer than the 4 days typical for this market. A significant 25.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (57.1%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Comstock Park market with the affordability index at 154.7. Based on current market indicators, home prices in Comstock Park are projected to decrease by approximately 9.4% over the next month.
Demographics market for - Comstock Park, MI
Total Population -
10,478
White Population
79.55%
Black Population
5.26%
Crime for - Comstock Park, MI
No Data
Real Estate Market Prediction for - Comstock Park, MI
City Hotspots
No Data
Average Price:
N/A
Max Price:
N/A
Average Rating:
N/A
Location Average Score:
N/A
Number Of Hotels:
N/A