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Featured local agent — Commerce, MO

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Commerce, MO

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Commerce, MO(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Commerce, MO Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$239,900median sale price

How is the Commerce, MO housing market right now?

The median home sale price in Commerce, MO is $239,900. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of January 2023 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Commerce a buyer's or seller's market?

Balanced market

Commerce, MO is currently a balanced market. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

Average pace

Active listings

Sale-to-list

96.0%

Below asking

What does the Commerce housing market data show?

Current housing market statistics for Commerce, MO
MetricValue
Median sale price$239,900
Sale-to-list price ratio96.0%
Median price per sq ft$71/sq ft
Homes sold (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Commerce by property type?

How the Commerce, MO market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Commerce, MO
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$239,900$71/sq ft1

Source: Redfin · Updated monthly

The Commerce housing market is currently classified as a balanced market with a median sale price of $239,900. Prices have fallen 0.0% compared to last year.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Commerce

Explore homes currently listed for sale in Commerce, Missouri across major real estate platforms.

Sale-to-list:96.0%

Who lives in Commerce?

Population

147

Median age

28.8 years

Owner-occupied

91.2%

College grads

8.5%

Avg commute

58.1 min

Source: U.S. Census Bureau ACS

What is it like to live in Commerce?

Commerce is a community of approximately 0K residents with a median age of 28.8 years. 8.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 91.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 58.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Commerce offers a distinctive character that appeals to different lifestyle preferences.

Which cities are near Commerce, MO?

Want a head-to-head view? Compare Commerce side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Commerce?

The median home sale price in Commerce is $239,900, down 0.0% from last year.

How much does a single-family home cost in Commerce?

The median single-family home price in Commerce, MO is $239,900 (about $71 per square foot).

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