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 April 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

$404,950

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$213,800(-34.6%)

Key Takeaway

Homes in Comfort have sold for 34.6% less than they did a year ago.

Summary: The median home sold price in Comfort was $404,950 in April 2024, down 34.6% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $370K$415K
+12.2%
3 $739K$293.9K
-60.2%
4 $465K$800K
+72.0%
5+ -$404.9K
N/A

Summary: Comfort housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes decreased by 60.2%, 4 bedroom homes increased by 72%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pipe Creek
+2.0%
Comfort
-19.3%
Comfort
-34.6%

Housing Supply in Comfort, TX

How many homes are available in Comfort, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2735+29.6%

Summary: The Comfort real estate market had 35 homes for sale in April 2024, a 29.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 14
+300.0%
3 1517
+13.3%
4 99
0.0%
5+ 13
+200.0%

Summary: The Comfort housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was 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 1 homes were sold or pending in Comfort in April 2024, down by 66.7% month-over-month. Of the 1 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

Apr 2023Apr 2024CHANGE
25 Days224 Days+772.7%

Summary: Homes in Comfort had an average of 224 days on market in Apr 2024, up by 772.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Comfort are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Comfort; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 Apr 1, 2024

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