6 homes in Commerce
Homes for Sale in Commerce, TN
About Commerce, TN Real Estate
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.
Commerce is a community in California offering diverse housing options and local amenities. The city provides residents with access to quality schools, parks, shopping, and dining, making it an attractive option for homebuyers seeking comfortable living in California.
Today, Commerce has 6 homes for sale at a median price of $769,999, typically selling in about 44 days.
Why Live in Commerce?
- Local schools and educational opportunities
- Parks and recreational facilities
- Shopping and dining options
- Access to major freeways and transportation
Commerce Market Pulse
Median Home Price
$650K
Months of Supply
Estimated time to sell all listings at the current sales pace
3.0 months of supply
Balanced Market6 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step—a steady flow of options without a glut. Listings typically sell in ~44 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace—buyers have some time, but competition exists. Sales have slowed 150% compared to 6 months ago.
Approaching the point where buyers gain more negotiating power.
Inventory Distribution
Homes are selling quickly—most listings move within 30 days, signaling strong buyer demand.
Housing Tenure in Commerce
Homeownership is near the state average—a balanced mix of owners and renters.
54%
Homeowners
46%
Renters
Homeownership is 1.5% lower than the California average (55.5%)
3,452 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $115K in value on average.
Price Reductions
2 listings have reduced their price
33% of active listings
Average reduction: 1.1% (~$8K)
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