Median price for residential in as of Jul, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
59 Commerce, TX 75428, USA apartments for sale
Commerce
According to statistics, the population in Commerce, TX amounts to 8,847, which shows growth 1% compared to the previous year. The median age of the city’s residents is 25. The average household income is $22,429, shifting growth 17% from the past year, and the average property value in Commerce, TX growth 10% to $76,500 throughout the year.
| Population | 8,847 |
| Median Age | 24.8 |
| Poverty Rate | 45% |
| Household Income | $22,429 |
| Number Of Employees | 3,582 |
| Median Property Value | $76,500 |
Household Income
The average household income in Commerce, TX grew from $19,090 to $22,429 in the past year. This data is an estimate based upon 2,934 households in Commerce, TX . The chart below presents how household income is distributed in Commerce, TX in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Commerce, TX shifted from $69,300 to $76,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Commerce, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Commerce, TX properties falls in the '$80,000 to $89,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Commerce, TX compared to median property taxes around the country. The prevalent amount of property taxes in Commerce, TX equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Commerce, TX 75428, USA
Average sale in Commerce: $329,958 (+23.1%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| 1 bed for sale | $433,333 | N/A |
| 2 bed for sale | $197,254 | N/A |
| 3 bed for sale | $261,235 | -11.8% |
| 4+ bed for sale | $376,690 | +43.2% |
During Jul 2022, the average price for an apartment in/near Commerce, TX increased by 23.1% to $329,958.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $433,333 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $197,254. A 3-bed apartment goes for $261,235, it decreased by 11.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 43.2% and made it up to $376,690.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Houses for sale | $417,053 | +44.2% |
| Land for sale | $155,768 | -0.4% |
Price reports demonstrate that house price increased by 44.2% this month making it up to $417,053.