Housing · Commerce

Commerce, MI housing market

The typical Commerce home is worth about $400,000, up 2.4% in a year, 50% above the Michigan typical home.

Home values, sales, trends and how Commerce compares with the towns next door — updated as new data is published.

The market right now

Commerce at a glance

Typical home value
$400K
▲ 2.4% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

CommerceMichigan
$100K$150K$200K$250K$300K$350K$400K 20182020202220242026 Commerce $400K Michigan $266K
Show as a table
JanuaryCommerceMichigan
2017$249,000$144,000
2018$263,000$155,000
2019$271,000$165,000
2020$280,000$175,000
2021$300,000$194,000
2022$337,000$217,000
2023$356,000$230,000
2024$367,000$241,000
2025$384,000$253,000
2026$398,000$262,000
August 2026$400,000$266,000
Nearby

Commerce and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Commerce $400K +2.4% — $113,148
Walled Lake $244K +0.4% 13 $72,055
West Bloomfield $457K +2.8% — $125,453
Wixom $385K +1.5% 30 $65,485
Wolverine Lake — — — $92,247
White Lake $396K +3.4% — $94,985
Milford $491K +4% — $109,657
Affordability

3.5 years of income

The typical Commerce home costs about 3.5 years of the town's median household income, about the same as across Michigan (3.7).

How Commerce ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
88.2%
Michigan: 73.2%
Median tax bill
$3,951
Michigan: $2,904
Median rent
$2,005
Michigan: $1,129
Typical home built
1991
Michigan: 1972

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Commerce

Michigan · MI · Oakland County
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01