Commerce, TX Housing Market — 94 Homes Sold (September 2025 – September 2026)

Q: What does the typical Commerce home cost?

The typical Commerce home sold for $207,500 (about $125 per square foot) over the last twelve months.

Q: How fast do homes sell in Commerce?

The typical Commerce home went under contract in 70 days; 7.4% sold within the first week.

Q: Is it cheaper to rent or buy in Commerce?

The median Commerce lease ran $1,400/month this year; principal and interest on the median $207,500 home is roughly $1,180/month with 10% down.

Buyers hold the cards: most homes sell under asking and take about 70 days to find a buyer.

Commerce market at a glance

Homes sold (12 months): 94
Median sale price: $207,500 (about $1,180/month with 10% down at a 6.5% 30-year rate, principal & interest)
Median price per square foot: $125
Median days on market (list to contract): 70; 7.4% went under contract within a week
Sold over asking: 12.8% · Sold under asking: 69.1%
Typical home: 3 bed, 1,772 sqft, built 1974, mostly Commerce ISD
Price range of sales: $22,500 – $635,000
On the market right now: 58 active listings, 10 under contract, 7.4 months of supply, median asking $250,000
How buyers paid: Conventional 33%, FHA 25.5%, VA 11.7%, Cash 24.5%, Other 5.3%
Seller contributions: 55.3% of sellers chipped in, typically $7,000
Contract to close: about 30 days
Median rent (same home types, 21 closed leases): $1,400/month — owning the median home runs about $1,180/month principal & interest with 10% down
HOA: 10.6% of sales had a mandatory HOA, typically $33/month
New construction: 9.6% of sales, median $353,924 vs $195,000 resale

Five-year price history in Commerce

Median sale price by quarter: 2022 Q1: $257,000 · 2023 Q1: $186,200 · 2024 Q1: $357,000 · 2025 Q1: $185,000 · 2026 Q1: $232,000 · 2026 Q3: $210,000.

Median price by elementary school zone

Commerce: 82 sales, median $227,400, $127/sqft
Williams: 12 sales, median $167,500, $105/sqft

Pricing right vs. cutting the price in Commerce

Sellers who held their original asking price sold in 24 days at 99.2% of ask. Sellers who overpriced and later cut took 119 days and kept 82.3% of the original ask — roughly $38,900 left on the table on a typical Commerce listing.

Most active Commerce neighborhoods

Orig Town Of Commerce: 17 sales, median $115,000, 36 days on market

Nearby markets

Greenville · Caddo Mills · Quinlan · Celeste · Lone Oak · West Tawakoni · Wolfe City

Common questions

Is now a good time to buy in Commerce? Buyers hold the cards: most homes sell under asking and take about 70 days to find a buyer.

What does the typical Commerce home cost? $207,500 — about $125 per square foot, or roughly $1,180/month with 10% down before taxes and insurance.

How fast do homes sell in Commerce? The typical home went under contract in 70 days; 7.4% sold within the first week.

Is it cheaper to rent or buy in Commerce? The median Commerce lease ran $1,400/month this year, while principal and interest on the median $207,500 home is roughly $1,180/month with 10% down, before taxes and insurance.

Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.