Housing Prices in Commerce, TX

How much do homes in Commerce, TX cost?

Median List Price

$225,000

$132/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

+$10,000(+4.7%)

Key Takeaway

The list price of homes in Commerce has increased by 4.7% since last year.

Summary: The median home list price in Commerce was $225,000 in February 2024, up 4.7% from the previous year, and the median price per square foot was $132.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $240K$87.4K
-63.6%
2 $149.5K$145K
-3.0%
3 $194.5K$215K
+10.5%
4 $295K$269.9K
-8.5%
5+ $400K$269.9K
-32.5%

Summary: Commerce housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.6%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 32.5%.

Housing Supply in Commerce, TX

How many homes are available in Commerce, TX?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2534+36.0%

Summary: The Commerce real estate market had 34 homes for sale in February 2024, a 36.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1420
+42.9%
4 79
+28.6%
5+ 43
-25.0%

Summary: The Commerce housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 25%.

Days on Market for Commerce, TX

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

Average Listing Age

Feb 2023Feb 2024CHANGE
151 Days67 Days-55.1%

Summary: Homes in Commerce had an average listing age of 67 days in Feb 2024, down by 55.1% compared to the previous year.

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

Report Updated 27 Days Ago

Newest Listings in Commerce, TX

Nearby Markets to Commerce, TX