Housing Prices in Commerce, CA
How much do homes in Commerce, CA cost?
Median List Price
$649,900
$581/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Commerce has increased by 8.8% since last year.
Summary: The median home list price in Commerce was $649,900 in May 2024, up 8.8% from the previous year, and the median price per square foot was $581.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $439.9K | $457.5K | +4.0% |
| 2 Bedrooms | $500K | $599K | +19.8% |
| 3 Bedrooms | $649.8K | $675K | +3.9% |
| 4 Bedrooms | $700K | $729K | +4.1% |
| 5+ Bedrooms | $1.4M | - | N/A |
Summary: Commerce housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Bell | $617.5K | $699K | +13.2% |
| Commerce | $597.4K | $649.9K | +8.8% |
| South Gate-East Los Angeles | $599.9K | $649K | +8.2% |
| Montebello | $722.4K | $735K | +1.7% |
| Bell Gardens | $677K | $660K | -2.5% |
Housing Supply in Commerce, CA
How many homes are available in Commerce, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The Commerce real estate market had 14 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Commerce housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Commerce, CA
How long does it take to sell a home in Commerce, CA?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 104 Days | 76 Days | -27.1% |
Summary: Homes in Commerce had an average listing age of 76 days in May 2024, down by 27.1% compared to the previous year.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.