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Featured local agent — Commerce, TX
Sarah Mitchell
Compass Real Estate · Commerce, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Commerce, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$204,500median sale price
How is the Commerce, TX housing market right now?
The median home sale price in Commerce, TX is $204,500, down 22.9% year-over-year. Homes sell in an average of 69 days with 48 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 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, TX is currently a buyer's market, based on 6.0 months of supply and homes selling in about 69 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
69
Average pace
Active listings
48
6.0 months supply
Sale-to-list
93.3%
Below asking
What does the Commerce housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $204,500 |
| Median list price | $269,000 |
| Year-over-year price change | -22.9% |
| Average days on market | 69 days |
| Active inventory | 48 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 93.3% |
| Median price per sq ft | $119/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 11 |
| Listings with a price cut | 18.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Commerce by property type?
How the Commerce, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $179,000 | $103/sq ft | 7 | 71 days |
Source: Redfin · Updated monthly
The Commerce housing market is currently classified as a buyer's market with a median sale price of $204,500. Prices have fallen 22.9% compared to last year, with homes spending an average of 69 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Commerce
There are currently 48 homes listed for sale in Commerce, Texas. The median listing price is $269K.
Active listings
48
Homes on market
Median list price
$269K
Avg. days on market
69
Days until sale
New this week
11
Newly listed
Who lives in Commerce?
Population
9,211
Median income
$43,051/yr
Median age
23.7 years
Owner-occupied
40.0%
College grads
25.7%
Avg commute
19.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Commerce?
Zillow home value
$214,298
Zillow rent index
$1,093/mo
Price-to-rent ratio
16.3x
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Commerce?
Commerce is a community of approximately 9K residents with a median age of 23.7 years.The median household income is $43,051, which represents a working-class community with solid middle-income opportunities. 25.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 40.0%, showing a blend of owner and renter-occupied properties. The average commute time is 19.6 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?
4 schools tracked · 1,559 students
The largest public schools serving Commerce, TX 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.
COMMERCE H S
Grades 9-12 · 485 students
COMMERCE EL
Grades PK-2 · 407 students
ALBERT C WILLIAMS EL
Grades 3-5 · 338 students
COMMERCE MIDDLE
Grades 6-8 · 329 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, TX?
Want a head-to-head view? Compare Commerce side-by-side with any other U.S. city using our market-comparison tool.
Is Commerce a good real estate investment market?
For investors evaluating Commerce, the price-to-rent ratio of 16.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 22.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Commerce's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Commerce's median home price.
Frequently asked questions
What is the average home price in Commerce?
The median home sale price in Commerce is $204,500, down 22.9% from last year.
How long do homes stay on market in Commerce?
Homes typically spend 69 days on market before going under contract.
What is the median income in Commerce?
The median household income is $43,051 per year.
Is Commerce a buyer's or seller's market?
With 6.0 months of supply, Commerce is currently a buyer's market.
What is the Zillow home value estimate for Commerce?
The Zillow Home Value Index (ZHVI) for Commerce is $214,298, 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, TX is $179,000 (about $103 per square foot).
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