$0/mo House For Rent
4 bed, 3.0 bath, 1,524 sqft
The median list price per square foot in Commerce is $71, which is lower than the Jackson County average of $89. The median price of homes currently listed in Commerce is $99,900 while the median price of homes that sold is $104,000. The median rent price in Commerce is $750.
Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Commerce is 4.3%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Commerce homeowners underwater on their mortgage is 39.9%, which is higher than Jackson County at 32.7%.more