The housing in Commerce, CA is significantly more expensive than the US average. The median housing value in Commerce is $613,300, much higher than the US median of $338,100. In the past year, house values have also appreciated substantially faster in Commerce than in the US as a whole; 13.16% compared to 8.27%. This rapid appreciation of housing values indicates that Commerce remains an attractive and sought-after area for potential home buyers.
The median home cost in Commerce is $613,300. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Commerce is up 14.4%.
Average Age of Homes
- The median age of Commerce real estate is 61 years old
The Rental Market in Commerce
- Renters make up 55.1% of the Commerce population
- 0.0% of houses and apartments in Commerce, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.