1 / 25
NEW 2 DAYS AGO
$629,000FOR SALE
2 beds · 1 baths · 796 sqft
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7 homes in 90040
Homes for Sale in 90040
Commerce, CA
5037 Gafford Street, Commerce, CA 90040
1 / 22
NEW 2 DAYS AGO
$750,000FOR SALE
3 beds · 2 baths · 1,100 sqft
Coldwell Banker Home Source
1 / 5
Price cut: $5,000 (3/3)
3D TOUR
$683,000FOR SALE
3 beds · 3 baths · 1,283 sqft
The Agency
1 / 7
$830,000FOR SALE
3 beds · 3 baths · 1,528 sqft
Century 21 Realty Masters
1 / 10
$638,000FOR SALE
3 beds · 3 baths · 1,346 sqft
IRN REALTY
1 / 20
$760,000FOR SALE
3 beds · 3 baths · 1,320 sqft
HomeSmart Realty Group
1 / 20
$769,999FOR SALE
4 beds · 4 baths · 1,580 sqft
Better Homes and Gardens RE
About 90040 Real Estate
About Commerce: The 90040 ZIP code is in Commerce, CA. Commerce is a city located in southeast Los Angeles County, California, United States. The population was 12,378 at the 2020 census, down from 12,823 at the 2010 census. It is usually referred to as the City of Commerce to distinguish it from the common noun. It is bordered by Vernon on the west, Los Angeles on the northwest, East Los Angeles on the north, Montebello on the east, Downey and Bell Gardens on the south, and Maywood on the southwest. The Los Angeles River forms part of its southwestern boundary, and the Rio Hondo separates it from Downey. Commerce is served by the Long Beach and Santa Ana freeways, as well as the Metrolink commuter rail service at the Commerce station.
Today, the 90040 area has 7 homes for sale with a median listing price of $750K. The average price per square foot is $584.
90040 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. 83% of current listings are under 30 days old, and supply sits at 3.0 months, roughly in step with demand. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Buyer leverageBalancedSeller leverage
Median Home Price
$755K
Chart shows the median closed sale price by month
$886.2K$747.1K$612K$477K
Sep 25
Jan 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
3.0 months of supply
Balanced Supply6 active listings currently on the market.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
3.0
0369+
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~41 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
New
Active
Aging
Stale
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 90040 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
HomeownersRenters
54%
Homeowners
46%
Renters
Homeownership is 1.5 points lower than the California average (55.5%)
A balanced ownership mix suggests diverse housing options for both buyers and renters.
3,452 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
3 Bed$750K
4 Bed$770K
Each additional bedroom adds about $20K in value on average.
Price Reductions
1
1 listings have reduced their price
17% of active listings
Average reduction: 0.7% (~$6K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Commerce
Frequently Asked Questions about Homes for Sale in 90040, CA
How many homes are for sale in 90040, CA?
There are currently 7 homes for sale in 90040, ranging from $629,000 to $830,000. 2 of them hit the market within the last week.
What is the median home price in 90040?
The median list price in 90040 is $750,000. Price per square foot averages $584.
How fast do homes sell in 90040?
Homes in 90040 currently average 36 days on the market, a steady pace.
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