Commerce, GA Home Values & Market Trends

Real estate market trends reflect that there have been 331 transactions over the past year in Commerce. The median value for residential home transactions that occurred over the previous year is $290,992.3. The number of current listings in Commerce is 54, and the percentage of properties for sale in the city is 54.00%. Commerce, GA currently has 7 properties in foreclosure, 1 bank owned properties, 6 properties headed for auction, and 54 properties for sale.

Commerce, GA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
30529

$ 303,550

$ 159/sqft

30530

$ 444,834

$ 190/sqft

30529

$ 303,550

$ 159/sqft

30530

$ 444,834

$ 190/sqft

Housing Market Summary for Commerce, GA

Mar 2023February 2024Change
Median Listing Price$397.9K$258K-35.16%
Median Sold Price$265K$258K-2.63%
Homes For Sale566312.50%
Homes Sold174150-13.79%
Price
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Homes For Sale
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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%.

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Browse Homes in Commerce, GA

Commerce home values range from $20,310 to $2,890,350. The median estimated value of a home in Commerce is $290,992.3. The median list price of a home is 346,450, and the total count of properties in the city is 6,821.

Foreclosure
There are 4 zips within Commerce, GA; within these zips, the median estimated home value for homes in foreclosure ranges from $671,493 in 30529 to the lowest value of $88,985 in 30529. Foreclosure homes account for 0.00% of properties in Commerce, GA with 30530 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The median estimated home value of bank owned homes (REO properties) in Commerce, GA ranges from the highest value of $259,310 in 30529 to the lowest value of $259,310 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.
  • Auctions
    30530 has 4 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 0.09% 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 $671,493 in 30530 to the lowest value of $88,985 in 30530.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.79% of residential properties in Commerce, GA with 30529 containing 42 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Commerce, GA; homes for sale in those zips, have a range of median values from $935,000 in 30530 to the lowest value of $65,611 in 30529.
    Sold Homes
    The median value for recently sold homes ranges from $669,230 in 30529 to the lowest price of $45,514 in 30529. There are 4 zips within Commerce, GA. 30529 has 93 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.17% of properties in Commerce, GA.

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      Guide for Commerce, GA

      Home Buying Guides & Tips
      Georgia Foreclosure Laws
      Investing Strategies
      How To Identify The Best Cities to Invest In 2024
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      Georgia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Georgia foreclosure laws and processes are important to know for real estate investors. Get all the information on GA foreclosure timelines and laws here

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      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
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      Saint Louis Real Estate Rebounds: Roller Coaster Trends Mark 2023-2024 Market Outlook
      Investing Strategies|posted 27 March 2024

      The Saint Louis real estate market has displayed resilience amidst fluctuations, with average home values rebounding and a consistent upward trend in average sale prices.