Housing in Commerce, CA (90040) is quite expensive with a median value of $612,800. This is nearly twice the US median value of $338,100. In addition to this, the appreciation rate for homes in this area in the past year has been 13.16%, which is significantly higher than the US average of 8.27%. Considering these factors, it's no surprise that people are willing to pay top dollar for housing in Commerce, CA.
The median home cost in Commerce (zip 90040) is $612,800. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Commerce (zip 90040) is up 14.4%.
Average Age of Homes
- The median age of Commerce (zip 90040) real estate is 61 years old
The Rental Market in Commerce (zip 90040)
- Renters make up 53.9% of the Commerce (zip 90040) population
- 0.0% of houses and apartments in Commerce (zip 90040), 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.