Commerce, GA Home Values & Market Trends
Real estate market trends reflect that there have been 346 transactions over the past year in Commerce. The median value for residential home transactions that occurred over the previous year is $294,949.56. The number of current listings in Commerce is 56, and the percentage of properties for sale in the city is 56.00%. Commerce, GA currently has 6 properties in foreclosure, 1 bank owned properties, 5 properties headed for auction, and 56 properties for sale.
Commerce, GA Real Estate Market Overview
Housing Market Summary for Commerce, GA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $395.5K | $257.8K | -34.81% |
| Median Sold Price | $256K | $257.8K | 0.71% |
| Homes For Sale | 60 | 56 | -6.67% |
| Homes Sold | 151 | 145 | -3.97% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Commerce, GA
Browse Homes in Commerce, GA
Commerce home values range from $20,204 to $3,525,140. The median estimated value of a home in Commerce is $294,949.56. The median list price of a home is 352,500, and the total count of properties in the city is 6,776.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Commerce, GA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Commerce, GA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Commerce, GA ranges from the highest value of $259,361 in 30529 to the lowest value of $259,361 in 30529. Bank owned homes and properties account for 0.01% of properties in Commerce, GA. There are 4 zips within Commerce, GA; 30529 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions30530 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Commerce, GA. Auction homes and other auction properties account for 0.07% of all properties in Commerce, GA. There are 4 zips within Commerce, GA; of those zips, the median estimated home value for homes going to auction ranges from $526,610 in 30529 to the lowest value of $79,762 in 30529.
Compare Nearby Cities
More Real Estate Resources for Commerce, GA
Guide for Commerce, GA
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Georgia foreclosure laws and processes are important to know for real estate investors. Get all the information on GA foreclosure timelines and laws here
Information on foreclosure financing, refinancing, and foreclosure mortgages.
