The housing in Commerce, TX is a great investment. The median value of a house is $202,600 which is significantly lower than the US median value at $338,100. Additionally, the 1 year house appreciation in Commerce, TX is 21.41%, nearly double the US average of 8.27%. This makes buying a home in Commerce an attractive option for investors looking to maximize their returns on their investments.
The median home cost in Commerce is $202,600. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Commerce is up 23.0%.
Average Age of Homes
- The median age of Commerce real estate is 43 years old
The Rental Market in Commerce
- Renters make up 44.1% of the Commerce population
- 3.7% 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.