Housing in 75428 Commerce, TX has a median value of $195,400, which is significantly lower than the US median value of $338,100. However, the appreciation rate for housing in this area over the past year has been higher than the national average at 21.41%, compared to 8.27%. This indicates that real estate in 75428 Commerce, TX is currently experiencing a market boom and may be an area to consider when looking for an investment opportunity.
The median home cost in Commerce (zip 75428) is $195,400. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Commerce (zip 75428) is up 23.0%.
Average Age of Homes
- The median age of Commerce (zip 75428) real estate is 39 years old
The Rental Market in Commerce (zip 75428)
- Renters make up 38.4% of the Commerce (zip 75428) population
- 2.7% of houses and apartments in Commerce (zip 75428), 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.