Commerce, TX

Buyer's market+69.5% YoY

Housing market overview · Updated weekly

$203,450median sale price

Homes sold

6

Last 12 weeks

Days on market

288

Average pace

Active listings

48

8.0 months supply

Sale-to-list

95.9%

Below asking

The Commerce housing market is currently classified as a buyer's market with a median sale price of $203,450. Prices have risen 69.5% compared to last year, with homes spending an average of 288 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Commerce

There are currently 48 homes listed for sale in Commerce, Texas. The median listing price is $249K.

Active listings

48

Homes on market

Median list price

$249K

Avg. days on market

288

Days until sale

New this week

9

Newly listed

Price drops:16.7%of listings
Sale-to-list:95.9%

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Frequently asked questions

What is the average home price in Commerce?

The median home sale price in Commerce is $203,450, up 69.5% from last year.

How long do homes stay on market in Commerce?

Homes typically spend 288 days on market before going under contract.

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

With 8.0 months of supply, Commerce is currently a buyer's market.

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