Commerce, MO is an attractive housing market right now due to its house appreciation rate of 13.66%, which is significantly higher than the national average of 8.27%. The median value of houses in Commerce, MO is $79,100, which is much lower than the US median value of $338,100. This makes it a great option for those looking for affordable housing options with high potential for appreciation.
The median home cost in Commerce is $79,100. Home appreciation the last 10 years has been 55.7%. Home Appreciation in Commerce is up 15.3%.
Average Age of Homes
- The median age of Commerce real estate is 27 years old
The Rental Market in Commerce
- Renters make up 21.2% 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.