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Foreclosure Homes in Commerce Township, MI

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Commerce Township, MI Foreclosures

How much do homes sell for in Commerce Township, MI?
The average home price is currently $467,242.
In Commerce Township, MI, how many homes are available?
There are currently 41 active home listings available in Commerce Township.
What’s the average rental cost in Commerce Township, MI?
The average rental price in Commerce Township is $1,970.
What is the most expensive home in Commerce Township?
The most expensive home sold in Commerce Township had a price of $5,242,400.
What is currently the cheapest priced home in Commerce Township, MI?
The cheapest home for sale in Commerce Township is priced at $20,982.

Living in Commerce Township, MI

Commerce Township is a suburban community in Oakland County, Michigan, known for its scenic lakes and parks. Residents enjoy a high quality of life with good schools and a family-friendly atmosphere. The area boasts various leisure activities and convenient access to major highways, making commuting to Detroit or surrounding areas relatively easy.

Current Market Conditions in Commerce Township, MI

The real estate market in Commerce Township remains competitive with a healthy demand for homes. The area has seen a steady increase in property values due to its desirable lifestyle offerings and the ongoing development of nearby amenities. Buyers are attracted to the mixture of new constructions and established homes, which provide a range of choices for different price points.

As of recent trends, the market has observed a slight uptick in inventory with homes being on the market longer than they were a year ago. Nevertheless, properties in prime locations continue to attract competitive offers, indicating sustained interest and movement within the market.

Home Value Estimator For Commerce Township, MI

There are currently 12,145 real estate properties in Commerce Township, MI, with a median automated valuation model (AVM) price of $407,095.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Commerce Township, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Commerce Township, MI, is $467,242.00, with the most expensive house in Commerce Township, MI, topping out at $5,242,400.00 and the cheapest home in Commerce Township, MI, clocking in at $20,982.00. In other words, there’s something for every potential homebuyer or savvy investor in Commerce Township, MI!

Rent Prices In Commerce Township, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Commerce Township, MI, is on a rollercoaster ride. The average rent price in Commerce Township, MI, is $1,970.00. Indeed, when looking to rent in Commerce Township, MI, you can expect to pay as little as $620.00 or as much as $4,300.00, with the average rent median estimated to be $1,850.00. The good news is that finding an affordable and desirable property to rent in Commerce Township, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Commerce Township, MI Foreclosures


Market Trend for Commerce Township, MI

Total Listings Available: 41

Market Values:

Home Prices from $20,982 to $5,242,400

Average Sales Price: $467,242

Rental Values:

Rental from $620 to $4,300

Average Rent Value: $1,970 / month

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