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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Commerce City, CO Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Commerce City, CO Housing Market Trends

With 66,115 people, 20,602 houses or apartments, and a median cost of homes of $519,476, Commerce City real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Commerce City, accounting for 80.22% of the city's housing units. Other types of housing that are prevalent in Commerce City include row houses and other attached homes ( 8.87%), large apartment complexes or high rise apartments ( 6.68%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.30%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Commerce City. Owner-occupied housing accounts for 76.43% of Commerce City's homes, and 65.17% have either three or four bedrooms, which is average sized relative to America.

Commerce City homes and real estate are some of the newest in America. 64.76% of Commerce City's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Commerce City real estate market has to offer. Quite a bit of the housing here was also built between 1940-1969 ( 21.90%), and between 1970-1999 ( 12.11%). There's also some housing in Commerce City built before 1939 ( 1.24%).

Commerce City Home Appreciation Rates

In the last 10 years, Commerce City has experienced some of the highest home appreciation rates of any community in the nation. Commerce City real estate appreciated 172.78% over the last ten years, which is an average annual home appreciation rate of 10.56%, putting Commerce City in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Commerce City definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Commerce City appreciation rates have trailed the rest of the nation. In the last twelve months, Commerce City's appreciation rate has been 0.91%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Commerce City were at -1.49%, which equates to an annual appreciation rate of -5.84%.

Notably, Commerce City's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Colorado, our data show that Commerce City's latest annual appreciation rate is lower than 60% of the other cities and towns in Colorado.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Commerce City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Commerce City - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Commerce City real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$519,476

Commerce City, CO Home Prices
> $1,266,000
$949,001 - $1,266,000
$633,001 - $949,000
$507,001 - $633,000
$380,001 - $507,000
$253,001 - $380,000
$126,001 - $253,000
$63,001 - $126,000
$0 - $63,000
0.9%
0.9%
2.7%
2.7%
21.4%
21.4%
30.7%
30.7%
27.1%
27.1%
11.2%
11.2%
2.3%
2.3%
0.9%
0.9%
2.8%
2.8%
0% 100.0%
% of Homes
Average

for Colorado

Very High

for nation

Number of Homes And Apartments:

20,602

Commerce City Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,118 / per month

Homeownership Rate

Owners
Renters
76.4%
76.4%
23.6%
23.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.7%
3.7%
96.3%
96.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
64.8%
64.8%
12.1%
12.1%
21.9%
21.9%
1.2%
1.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.2%
80.2%
8.9%
8.9%
2.3%
2.3%
6.7%
6.7%
1.9%
1.9%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.8%
0.8%
5.2%
5.2%
19.8%
19.8%
44.5%
44.5%
20.6%
20.6%
9.1%
9.1%
0% 100.0%
% of Homes