$249,900
18.30 Acres
Land
Patrice Tague, Listing Office: Cross Power Real Estate, LLC
Housing Prices in Commerce, TX
How much do homes in Commerce, TX cost?
Median List Price
$220,000
$130/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2023
+$5,000(+2.3%)
Key Takeaway
The list price of homes in Commerce has increased by 2.3% since last year.
Summary: The median home list price in Commerce was $220,000 in August 2024, up 2.3% from the previous year, and the median price per square foot was $130.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.4K | $87.4K | 0.0% |
| 2 Bedrooms | $145K | $145K | 0.0% |
| 3 Bedrooms | $199K | $205K | +3.0% |
| 4 Bedrooms | $279.5K | $287.5K | +2.9% |
| 5+ Bedrooms | $395K | $335K | -15.2% |
Summary: Commerce housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 15.2%.
Housing Supply in Commerce, TX
How many homes are available in Commerce, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 40 | 44 | +10.0% |
Summary: The Commerce real estate market had 44 homes for sale in August 2024, a 10.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 20 | 21 | +5.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Commerce housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 50%.
Days on Market for Commerce, TX
How long does it take to sell a home in Commerce, TX?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 127 Days | 82 Days | -35.1% |
Summary: Homes in Commerce had an average listing age of 82 days in Aug 2024, down by 35.1% compared to the previous year.
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