Commerce, TX


Highest Appreciating Commerce Neighborhoods Since 2000

Commerce, TX Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Commerce Housing Market Information

With 8,892 people, 2,712 houses or apartments, and a median cost of homes of $96,715, house prices in Commerce are solidly below the national average.

Single-family detached homes are the single most common housing type in Commerce, accounting for 48.06% of the city's housing units. Other types of housing that are prevalent in Commerce include large apartment complexes or high rise apartments ( 32.13%), duplexes, homes converted to apartments or other small apartment buildings ( 15.59%), and a few mobile homes or trailers ( 3.60%).

Commerce is dominated by renter-occupied one, two, or no bedrooms apartments. 66.77% of Commerce's dwellings are rentals.

There is a lot of housing in Commerce built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Commerce built between 1940-1969 ( 28.39%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.11%). There's also some housing in Commerce built before 1939 ( 10.66%).

Vacant housing appears to be an issue in Commerce. Fully 23.69% of the housing stock is classified as vacant. Left unchecked, vacant Commerce homes and apartments can be a drag on the real estate market, holding Commerce real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Commerce Home Appreciation Rates

Appreciation rates for homes in Commerce have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.55%, which ranks in the top 40% nationwide. This equates to an annual average Commerce house appreciation rate of 0.54%.

Appreciation rates are so strong in Commerce that despite a nationwide downturn in the housing market, Commerce real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Commerce appreciation rates continue to be some of the highest in America, at 9.59%, which is higher than appreciation rates in 92.63% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Commerce. Commerce appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.75%.

Importantly, this makes Commerce one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Texas, our data show that Commerce's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.

Average Home Values


Median Home Value:


Value Range
> $1,220,000 0.0
$915,001 - $1,220,000 0.0
$610,001 - $915,000 0.4
$488,001 - $610,000 0.1
$366,001 - $488,000 0.4
$244,001 - $366,000 3.5
$122,001 - $244,000 20.9
$61,001 - $122,000 37.8
$0 - $61,000 36.9

Low for TX
Low for Nation

Value Relative to Nation Value Relative to State
79.6994023204032 67.5097276264592

Number Of Homes And Apartments:

Commerce Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
19.64% 1.05% 1 2
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,085 / per month

Homeownership Rate

Owners 33.23
Renters 66.77
Vacant 23.69

Housing Market Details


Age of Homes

2000 or Newer 17.1
1970 - 1999 43.8
1940 - 1969 28.4
1939 or Older 10.7

Types of Homes

Single-Family 48.1
Townhomes 0.6
Small Apt. Buildings 15.6
Apt. Complexes 32.1
Mobile Homes 3.6
Other 0.0

Home Size

No Bedroom 11.71
1 Bedroom 14.72
2 Bedrooms 29.35
3 Bedrooms 35.76
4 Bedrooms 7.43
5 or more bedrooms 1.04