Commerce, TX Housing Market: 107 Homes Sold (September 2025 to September 2026)

Q: What does the typical Commerce home cost?

The typical Commerce home sold for $220,000 (about $126 per square foot) over the last twelve months.

Q: How fast do homes sell in Commerce?

The typical Commerce home went under contract in 66 days; 7.5% sold within the first week.

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

The median Commerce lease ran $1,350/month this year; principal and interest on the median $220,000 home is roughly $1,251/month with 10% down.

Buyers hold the cards: most homes sell under asking and take about 66 days to find a buyer.

Commerce market at a glance

Homes sold (12 months): 107
Median sale price: $220,000 (about $1,251/month with 10% down at a 6.5% 30-year rate, principal & interest)
Median price per square foot: $126
Median days on market (list to contract): 66; 7.5% went under contract within a week
Sold over asking: 12.1% · Sold under asking: 69.2%
Typical home: 3 bed, 1,796 sqft, built 1977, mostly Commerce ISD
Price range of sales: $22,500 – $635,000
On the market right now: 52 active listings, 6 under contract, 5.8 months of supply, median asking $237,450
How buyers paid: Conventional 33.6%, FHA 27.1%, VA 11.2%, Cash 21.5%, Other 6.5%
Seller contributions: 58.9% of sellers chipped in, typically $7,000
Contract to close: about 30 days
Median rent (same home types, 22 closed leases): $1,350/month. Owning the median home runs about $1,251/month principal & interest with 10% down
HOA: 14% of sales had a mandatory HOA, typically $33/month
New construction: 14% 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: $229,900.

Median price by elementary school zone

Commerce: 92 sales, median $238,800, $128/sqft
Williams: 15 sales, median $170,000, $99/sqft

Pricing right vs. cutting the price in Commerce

Sellers who held their original asking price sold in 26 days at 98.8% of ask. Sellers who overpriced and later cut took 121 days and kept 81.8% of the original ask, roughly $41,600 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 · West Tawakoni · Lone Oak · 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 66 days to find a buyer.

What does the typical Commerce home cost? $220,000, about $126 per square foot, or roughly $1,251/month with 10% down before taxes and insurance.

How fast do homes sell in Commerce? The typical home went under contract in 66 days; 7.5% sold within the first week.

Is it cheaper to rent or buy in Commerce? The median Commerce lease ran $1,350/month this year, while principal and interest on the median $220,000 home is roughly $1,251/month with 10% down, before taxes and insurance.

Source: NTREIS MLS closed sales, September 5 2025 to September 5 2026. Aggregate data only; Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Text Ryan · Call/text (972) 974-1821.