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Featured local agent — Commerce, OK

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Commerce, OK

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

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

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Commerce, OK Housing Market & Real Estate

Seller's market

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?

Seller's market1.0 months of supply14 avg. days on 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?

Current housing market statistics for Commerce, OK
MetricValue
Median sale price$148,500
Median list price$163,500
Average days on market14 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio100.0%
Median price per sq ft$161/sq ft
Homes sold (latest month)1
New listings (latest month)1
Market conditionSeller'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.

Median price, price per square foot, homes sold and days on market by property type in Commerce, OK
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$148,500$161/sq ft114 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

Sale-to-list:100.0%

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

Public

COMMERCE HS

Grades 9-12 · 244 students

Public

COMMERCE MS

Grades 6-8 · 180 students

Public

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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