Commerce, TX—75428
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Commerce, TX
As of Oct '25, the median home price in Commerce, TX is $207,000, with a year-over-year change of -5.5%. This indicates that home prices in Commerce, TX are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $207,000 | -5.5% |
| Single Family | $207,000 | -5.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $123,000 | -14.6% |
3 Bed | $204,000 | -4.7% |
4 Bed | $318,000 | 0.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Commerce, TX
As of July '25, Rentcast reports the average rent in Commerce, TX is $1,140, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Commerce, TX is studios: $725, 1-bedrooms: $808, 2-bedrooms: $1,040, 3-bedrooms: $1,600, 4-bedrooms: $875. The most common rental property sizes in Commerce, TX are 2-bedroom and 1-bedroom, accounting for 30.4% and 29.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,140 |
| Studio Rent | $725 | $725 |
| 1 Bed Rent | $800 | $808 |
| 2 Bed Rent | $1,000 | $1,040 |
| 3 Bed Rent | $1,600 | $1,600 |
| 4 Bed Rent | $875 | $875 |
% of Rental Stock
Property Listings — Commerce, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Commerce, TX is 93. This is a increase of 2.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $247,000 | -15.0% |
Listing Count | 73 | 56.0% |
| Listings as % of Homes | 0.9% | 56.0% |
Days on Market | 93 | 2.0% |
Demographics — Commerce, TX
As of the latest ACS Survey released in 2023, Commerce, TX has a population of 11,600, which has increased by 5.8% over the past 5 years. Commerce, TX is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 23.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,600 | 5.8% |
% Under 18 | 19.9% | 14.4% |
% Seniors | 9.4% | -16.8% |
% WFH | 10.3% | 281.5% |
% w/ College Degree | 23.5% | -18.7% |
As of the latest ACS Survey released in 2023, Commerce, TX is a predominantly white area, with 54.7% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Commerce, TX is hispanic, making up 23.2% of the population. Foreign-born residents account for 8.6% of the population in Commerce, TX, and this percentage has decreased by 10.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 54.7% | -4.4% |
% Black | 14.2% | -28.6% |
% Hispanic | 23.2% | 100.0% |
% Asian | 2.0% | -64.3% |
% Foreign Born | 8.6% | -10.4% |
Mortgage and Risk — Commerce, TX
According to HUD data as of 2023, there were 103 mortgage originations in Commerce, TX, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Commerce, TX. Investor activity is low, as 6.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 103 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 6.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Commerce, TX
As of 2024, the percent of homes in Commerce, TX under the Section 8 program is 7.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Commerce, TX, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 316 |
Total Units Section 8 | 124 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $800 | $1,090 |
| 2 Bedroom | $270 | $1,000 | $1,270 |
| 3 Bedroom | $0 | $1,600 | $1,600 |
| 4 Bedroom | $1,175 | $875 | $2,050 |
Affordability — Commerce, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $207,000 |
| Median Household Income | $48,400 |