Commerce, TX 75428 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Commerce, TX—75428

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$208,000

5.9% YoY Growth

Household Income

$48,400

45.7% YoY Growth

Days on Market

100

81.0% Longer YoY

Home Price Forecast

-0.5%

Median Rent

$1,000

0.9% YoY Growth

1-Bed Rent

$800

2.4% YoY Growth

2-Bed Rent

$1,000

9.6% YoY Growth

3-Bed Rent

$1,600

11.1% YoY Growth

Home Price Trends — Commerce, TX

As of Dec '25, the median home price in Commerce, TX is $208,000, with a year-over-year change of -5.9%. This indicates that home prices in Commerce, TX are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$208,000	-5.9%
Single Family	$208,000	-6.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

18.0%

1 Bedroom

29.5%

2 Bedrooms

30.4%

3 Bedrooms

15.9%

4 Bedrooms

6.2%

Property Listings — Commerce, TX

As of Dec '25, Realtor.com reports that the median days on market for a home in Commerce, TX is 98. This is a increase of 41.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$230,000	-16.0%
Listing Count	63	81.0%
Listings as % of Homes	0.9%	81.0%
Days on Market	100	81.0%

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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%

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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%

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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%

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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

Commerce, TX—75428

Key Metrics at a Glance

Home Price Trends — Commerce, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Commerce, TX

% of Rental Stock

Property Listings — Commerce, TX

Demographics — Commerce, TX

Race and Ethnicity

Mortgage and Risk — Commerce, TX

Mortgages

Rentals and Section 8 — Commerce, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Commerce, TX

Home Price to Income Ratio

Commerce, TX — ZIP Code Boundary Map

Nearby ZIP Codes

West Delta, TX

Campbell, TX

Ladonia, TX

Pecan Gap, TX

Wolfe City, TX

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.5
Median Home Price	$208,000
Median Household Income	$48,400

Commerce, TX—75428

Key Metrics at a Glance

Home Price Trends — Commerce, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Commerce, TX

% of Rental Stock

Property Listings — Commerce, TX

Demographics — Commerce, TX

Race and Ethnicity

Mortgage and Risk — Commerce, TX

Mortgages

Rentals and Section 8 — Commerce, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Commerce, TX

Home Price to Income Ratio

Commerce, TX — ZIP Code Boundary Map

Nearby ZIP Codes

West Delta, TX

Campbell, TX

Ladonia, TX

Pecan Gap, TX

Wolfe City, TX

Frequently Asked Questions

What is the average home price in Commerce, TX 75428?

How have home prices in Commerce, TX 75428 changed over the past year?

What is the home price projection for Commerce, TX 75428?

What are the demographics of Commerce, TX 75428?

How long does it take homes to sell in Commerce, TX 75428?

What is the average rent price in Commerce, TX 75428?