Comstock Park, MI Home Values & Market Trends
Real estate market trends reflect that there have been 160 transactions over the past year in Comstock Park. The median value for residential home transactions that occurred over the previous year is $310,690.78. The number of current listings in Comstock Park is 11, and the percentage of properties for sale in the city is 11.00%. Comstock Park, MI currently has 3 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 11 properties for sale.
Comstock Park, MI Real Estate Market Overview
Zip | Median Est. Value |
---|---|
49321 | $ 315,266 $ 190/sqft |
Housing Market Summary for Comstock Park, MI
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $295K | $319.9K | 8.44% |
Median Sold Price | $285K | $319.9K | 12.24% |
Homes For Sale | 13 | 8 | -38.46% |
Homes Sold | 128 | 81 | -36.72% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Comstock Park, MI
Browse Homes in Comstock Park, MI
Comstock Park home values range from $24,464 to $1,848,121. The median estimated value of a home in Comstock Park is $310,690.78. The median list price of a home is 274,900, and the total count of properties in the city is 4,494.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Comstock Park, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Comstock Park, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Comstock Park, MI ranges from the highest value of $300,000 in 49321 to the lowest value of $300,000 in 49321. Bank owned homes and properties account for 0.02% of properties in Comstock Park, MI. There is 1 zips within Comstock Park, MI; 49321 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions49321 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Comstock Park, MI. Auction homes and other auction properties account for 0.04% of all properties in Comstock Park, MI. There is 1 zips within Comstock Park, MI; of that zips, the median estimated home value for homes going to auction ranges from $442,707 in 49321 to the lowest value of $202,750 in 49321.
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Guide for Comstock Park, MI
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.
Why Buying a Foreclosure is a Smart Move
Information on foreclosure financing, refinancing, and foreclosure mortgages.