{"id":5764,"date":"2026-03-11T02:00:27","date_gmt":"2026-03-11T09:00:27","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=5764"},"modified":"2026-03-12T20:06:36","modified_gmt":"2026-03-13T03:06:36","slug":"house-comps","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/house-comps\/","title":{"rendered":"How to Price Your Home Right by Using House Comps"},"content":{"rendered":"<p>The old adage holds that the three most important factors in real estate are location, location, location. But judging by the value levied on house comps, comparable sales may actually be the most important factor in real estate pricing.<\/p>\n<p>Comps help sellers price their homes right, help buyers know how much to offer, and help appraisers estimate the value of a home. Nevertheless, comps can be tricky \u2013 operating on a sliding scale according to the market at any given time \u2013 and they can be confusing.<\/p>\n<p>With the guidance of <a href=\"https:\/\/www.homelight.com\/agents\/mary-jo-az-sa581367000\">Mary Jo Santistevan<\/a>, a real estate agent in Phoenix, Arizona, and <a href=\"https:\/\/www.homelight.com\/agents\/desiree-carroll-pa-307983\">Desiree Carroll<\/a>, who sells properties 18% quicker than the average agent in Bethlehem, Pennsylvania, we\u2019ll explain what house comps are, how and where you get them, and why they\u2019re so important when you\u2019re pricing your home for sale.<\/p>\n<h2>What are house comps in real estate?<\/h2>\n<p>In real estate, \u201ccomps\u201d is a slang term for comparable sales, meaning the sales price of <a href=\"https:\/\/www.homelight.com\/blog\/houses-sold-near-me\/\">similar properties within a close distance<\/a>. A <a href=\"https:\/\/www.homelight.com\/blog\/comparative-market-analysis\/\">similar property<\/a> would have nearly identical key valuation features, such as square footage, lot size, number of bedrooms and bathrooms, school district, neighborhood, and more.<\/p>\n<p>House comps generally include more than one recently sold property to measure your home against. By compiling a few similar properties, the goal is to determine your home\u2019s current market value.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Comps: what they are, why they matter, where to get them, and how they\u2019ll help you price your home right when it\u2019s time to sell.<\/p>\n","protected":false},"author":215,"featured_media":68423,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[322,344],"tags":[],"class_list":["post-5764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics","category-price"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>House Comps: What Are They And How to Price Your Home Right<\/title>\n<meta name=\"description\" content=\"Comps: what they are, why they matter, where to get them, and how they\u2019ll help you price your home right when it\u2019s time to sell.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.homelight.com\/blog\/house-comps\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Price Your Home Right by Using House Comps\" \/>\n<meta property=\"og:description\" content=\"Comps: what they are, why they matter, where to get them, and how they\u2019ll help you price your home right when it\u2019s time to sell.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.homelight.com\/blog\/house-comps\/\" \/>\n<meta property=\"og:site_name\" content=\"HomeLight Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/gohomelight\/\" 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