Commerce, OK 74339 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Commerce, OK—74339

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$67,000

7.4% YoY Growth

Household Income

$35,900

10.7% YoY Growth

Days on Market

39.0% Longer YoY

Home Price Forecast

0.6%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Commerce, OK

As of Dec '25, the median home price in Commerce, OK is $67,000, with a year-over-year change of -7.4%. This indicates that home prices in Commerce, OK are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$67,000	-7.4%
Single Family	$67,000	-6.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Commerce, OK

Commerce, OK lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.1%

1 Bedroom

23.1%

2 Bedrooms

40.8%

3 Bedrooms

27.9%

4 Bedrooms

5.1%

Property Listings — Commerce, OK

As of Dec '25, Realtor.com reports that the median days on market for a home in Commerce, OK is 46. This is a increase of 230.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$143,000	42.0%
Listing Count	9	-19.0%
Listings as % of Homes	0.5%	-19.0%
Days on Market	62	39.0%

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Demographics — Commerce, OK

As of the latest ACS Survey released in 2023, Commerce, OK has a population of 2,290, which has decreased by -2.7% over the past 5 years. Commerce, OK is a popular place for families, as children make up 29.9% of the population. The area has a poorly educated workforce, with 9.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,290	-2.7%
% Under 18	29.9%	16.3%
% Seniors	14.0%	-26.3%
% WFH	3.3%	371.4%
% w/ College Degree	9.1%	1.1%

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As of the latest ACS Survey released in 2023, Commerce, OK is a predominantly white area, with 50.5% of the population identifying as white. The white population has shrunk by 16.9% in the last 5 years. The second most common race or ethnicity in Commerce, OK is hispanic, making up 25.5% of the population. Foreign-born residents account for 8.4% of the population in Commerce, OK, and this percentage has increased by 33.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	50.5%	-16.9%
% Black	1.1%	83.3%
% Hispanic	25.5%	26.9%
% Asian	0.4%	∞%
% Foreign Born	8.4%	33.3%

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Mortgage and Risk — Commerce, OK

According to HUD data as of 2023, there were 25 mortgage originations in Commerce, OK, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Commerce, OK. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	25
% Conventional Loans	60.0%
% Government Loans	40.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Commerce, OK

Commerce, OK lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	37
Total Units Section 8	3
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$690
2 Bedroom	N/A	N/A	$910
3 Bedroom	N/A	N/A	$1,140
4 Bedroom	N/A	N/A	$1,230

Commerce, OK—74339

Key Metrics at a Glance

Home Price Trends — Commerce, OK

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Commerce, OK

% of Rental Stock

Property Listings — Commerce, OK

Demographics — Commerce, OK

Race and Ethnicity

Mortgage and Risk — Commerce, OK

Mortgages

Rentals and Section 8 — Commerce, OK

Section 8 Market Size

Section 8 Opportunity

Affordability — Commerce, OK

Home Price to Income Ratio

Commerce, OK — ZIP Code Boundary Map

Nearby ZIP Codes

North Miami

Miami, OK

Five Mile, OK

Fairland, OK

Chetopa, KS

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.8
Median Home Price	$67,000
Median Household Income	$35,900

Commerce, OK—74339

Key Metrics at a Glance

Home Price Trends — Commerce, OK

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Commerce, OK

% of Rental Stock

Property Listings — Commerce, OK

Demographics — Commerce, OK

Race and Ethnicity

Mortgage and Risk — Commerce, OK

Mortgages

Rentals and Section 8 — Commerce, OK

Section 8 Market Size

Section 8 Opportunity

Affordability — Commerce, OK

Home Price to Income Ratio

Commerce, OK — ZIP Code Boundary Map

Nearby ZIP Codes

North Miami

Miami, OK

Five Mile, OK

Fairland, OK

Chetopa, KS

Frequently Asked Questions

What is the average home price in Commerce, OK 74339?

How have home prices in Commerce, OK 74339 changed over the past year?

What is the home price projection for Commerce, OK 74339?

What are the demographics of Commerce, OK 74339?

How long does it take homes to sell in Commerce, OK 74339?

What is the average rent price in Commerce, OK 74339?