Explore Comstock Park, MI - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$323,000

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%

Mexican80.60% (11.02% of total population)
Puerto Rican12.84% (1.76% of total population)
Cuban0.70% (0.10% of total population)
Dominican0%
Salvadoran1.19% (0.16% of total population)
Costa Rican0%
Gautemalan4.68% (0.64% of total population)
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian0%
Peruvian0%
Uruguyan0%
Venezuelan0%

Indian 2.86% (0.39% of total population)
Bangladeshi 0%
Chinese 0.98% (0.13% of total population)
Bhutanese 0%
Burmese 0%
Filipino 2.93% (0.40% of total population)
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 4.33% (0.59% of total population)
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Comstock Park, MI

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Real Estate Market Prediction for - Comstock Park, MI

City Hotspots
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