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Featured local agent — Commerce, OK
Sarah Mitchell
Compass Real Estate · Commerce, OK
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Commerce, OK Housing Market & Real Estate
Housing market overview · Updated monthly ·
$148,500median sale price
How is the Commerce, OK housing market right now?
The median home sale price in Commerce, OK is $148,500. Homes sell in an average of 14 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — 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?
Commerce, OK is currently a seller's market, based on 1.0 months of supply and homes selling in about 14 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
14
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
100.0%
Above asking
What does the Commerce housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $148,500 |
| Median list price | $163,500 |
| Average days on market | 14 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $161/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Commerce by property type?
How the Commerce, OK market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $148,500 | $161/sq ft | 1 | 14 days |
Source: Redfin · Updated monthly
The Commerce housing market is currently classified as a seller's market with a median sale price of $148,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 14 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.0x provides context for how home values compare to local earning capacity.
Homes for sale in Commerce
There are currently 1 homes listed for sale in Commerce, Oklahoma. The median listing price is $164K.
Active listings
1
Homes on market
Median list price
$164K
Avg. days on market
14
Days until sale
New this week
1
Newly listed
Who lives in Commerce?
Population
2,259
Median income
$35,298/yr
Median age
33.1 years
Owner-occupied
64.4%
College grads
8.9%
Avg commute
14.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Commerce?
Zillow home value
$72,046
Price-to-income
2.0x
Source: Zillow Research
What is it like to live in Commerce?
Commerce is a community of approximately 2K residents with a median age of 33.1 years.The median household income is $35,298, which represents a working-class community with solid middle-income opportunities. 8.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 64.4%, showing a blend of owner and renter-occupied properties. The average commute time is 14.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Commerce offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Commerce?
3 schools tracked · 892 students
The largest public schools serving Commerce, OK by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
ALEXANDER ES
Grades PK-5 · 468 students
COMMERCE HS
Grades 9-12 · 244 students
COMMERCE MS
Grades 6-8 · 180 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Commerce, OK?
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 $148,500, down 0.0% from last year.
How long do homes stay on market in Commerce?
Homes typically spend 14 days on market before going under contract.
What is the median income in Commerce?
The median household income is $35,298 per year.
Is Commerce a buyer's or seller's market?
With 1.0 months of supply, Commerce is currently a seller's market.
What is the Zillow home value estimate for Commerce?
The Zillow Home Value Index (ZHVI) for Commerce is $72,046, representing the typical home value in the area.
How much does a single-family home cost in Commerce?
The median single-family home price in Commerce, OK is $148,500 (about $161 per square foot).
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