Housing Prices in Commerce, CA

How much do homes in Commerce, CA cost?

Median List Price

$685,000

$576/sqft

Based on all homes listed in the last 12 months.

Difference Since September 2023

+$50,100(+7.9%)

Key Takeaway

The list price of homes in Commerce has increased by 7.9% since last year.

Summary: The median home list price in Commerce was $685,000 in September 2024, up 7.9% from the previous year, and the median price per square foot was $576.

Median List Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $439.9K$525K
+19.3%
2 $559.4K$629.9K
+12.6%
3 $649K$677.5K
+4.4%
4 $700K$749.4K
+7.1%
5+ $1.4M$788K
-46.6%

Summary: Commerce housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.3%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 46.6%.

Median List Price Compared To Nearby Cities

Bell
+10.3%
Commerce
+7.9%
South Gate-East Los Angeles
+6.6%
Montebello
+4.6%
Bell Gardens
+4.0%

Housing Supply in Commerce, CA

How many homes are available in Commerce, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
109-10.0%

Summary: The Commerce real estate market had 9 homes for sale in September 2024, a 10.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 11
0.0%
3 54
-20.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Commerce housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Commerce, CA

How long does it take to sell a home in Commerce, CA?

Average Listing Age

Sep 2023Sep 2024CHANGE
145 Days50 Days-65.1%

Summary: Homes in Commerce had an average listing age of 50 days in Sep 2024, down by 65.1% compared to the previous year.

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

Report Updated 22 Days Ago

Newest Listings in Commerce, CA

Nearby Markets to Commerce, CA

What housing markets are near Commerce, CA?