Is Comfort, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Comfort is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Comfort was a Seller's Market.

Key Takeaway

Comfort is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Comfort, TX

How much do homes in Comfort, TX cost?

Median Sold Price

$425,000

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$184,000(-30.2%)

Key Takeaway

Homes in Comfort have sold for 30.2% less than they did a year ago.

Summary: The median home sold price in Comfort was $425,000 in May 2024, down 30.2% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$315K
N/A
2 $495K$405K
-18.2%
3 $550K$399.9K
-27.3%
4 $618.7K$705K
+13.9%
5+ $767.5K$404.9K
-47.2%

Summary: Comfort housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 47.2%.

Median Sold Price Compared To Nearby Cities

Comfort
-30.2%
Comfort
-38.6%

Housing Supply in Comfort, TX

How many homes are available in Comfort, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3742+13.5%

Summary: The Comfort real estate market had 42 homes for sale in May 2024, a 13.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 43
-25.0%
2 76
-14.3%
3 1321
+61.5%
4 119
-18.2%
5+ 23
+50.0%

Summary: The Comfort housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 61.5%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Comfort, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Comfort in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Comfort, TX

How long does it take to sell a home in Comfort, TX?

Average Sale Time

May 2023May 2024CHANGE
36 Days182 Days+396.6%

Summary: Homes in Comfort had an average of 182 days on market in May 2024, up by 396.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Comfort has remained consistent over time.

Summary: During May 2024, 2 homes were sold in Comfort; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Comfort, TX

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