New - 9 hours on Rocket
$6,294 Closing Credit¹
#20250013751, Robert Harrell, Listing Office: Real Estate One-Commerce
Commerce Charter Township Housing Market Report February 2025•Oakland County, Michigan
Housing Prices in Commerce Charter Township, MI
How much do homes in Commerce Charter Township, MI cost?
Housing Market Conditions
Is Commerce Charter Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Commerce Charter Township is a Seller's Market
Difference Since February 2024
Since last year, Commerce Charter Township has remained a Seller's Market.
Insight
Commerce Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$394,800$185/SqFt
+$19,820
+5.3%
Based on all homes sold in the last 12 months
Insight
Homes in Commerce Charter Township have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Commerce Charter Township was $394,800 in February 2025, up 5.3% from last year, and the median price per square foot was $185.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Walled Lake | $270K | $290K | +7.4% |
| Commerce Township | $450.5K | $477.4K | +6.0% |
| Commerce Charter Township | $374.9K | $394.8K | +5.3% |
| Wolverine Lake | $297.5K | $302.5K | +1.7% |
| Wixom | $354.7K | $353K | -0.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $335K | $461K | +37.6% |
| 22 Bedrooms | $265K | $273.4K | +3.2% |
| 33 Bedrooms | $334K | $391.1K | +17.1% |
| 44 Bedrooms | $495K | $515K | +4.0% |
| 55+ Bedrooms | $637.9K | $750K | +17.6% |
Summary: Commerce Charter Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +37.6%. The home price for 2 bedroom homes increased by +3.2%. The home price for 3 bedroom homes increased by +17.1%. The home price for 4 bedroom homes increased by +4.0%. The home price for 5 bedroom homes increased by +17.6%.
Housing supply in Commerce Charter Township, MI
How many homes are available in Commerce Charter Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 112Last MonthFeb 2025 | ||
| 1052 months agoJan 2025 | +6.7 % Change MoMJan – Feb |
Summary: The Commerce Charter Township real estate market had 112 homes for sale in Feb 2025, a 6.7 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 27Last MonthFeb 2025 | ||
| 162 months agoJan 2025 | +68.8 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 23 | 20 | -13.0% |
| 33 Bedrooms | 45 | 50 | +11.1% |
| 44 Bedrooms | 30 | 34 | +13.3% |
| 55+ Bedrooms | 6 | 7 | +16.7% |
Summary: Commerce Charter Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -13.0%. The inventory for 3 bedroom homes increased by +11.1%. The inventory for 4 bedroom homes increased by +13.3%. The inventory for 5 bedroom homes increased by +16.7%.
Asking Price vs. Sold Price
How much do homes in Commerce Charter Township, MI cost?
Over Asking Price6 Homes
At Asking Price4 Homes
Under Asking Price17 Homes
Insight
If you're buying a home in Commerce Charter Township, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Commerce Charter Township in February 2025, up by 68.8% month-over-month. Of the 27 sold homes, 63% were sold under asking, 15% were sold at asking, and and 22% were sold over asking.
Days on Market for Commerce Charter Township, MI
How long does it take to sell a home in Commerce Charter Township, MI?
Breakdown of Home Sale Times
Under 30 Days14 Homes
30 – 90 Days8 Homes
Over 90 Days5 Homes
Insight
Many homes in Commerce Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 27 homes were sold in Commerce Charter Township; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 53 DaysThis YearFeb 2025 | ||
| 39 Days1 year agoFeb 2024 | +36.4 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Commerce Charter Township had an average listing age of 53 days in Feb 2025, up by 36.4% compared to the previous year.
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Newest Listings in Commerce Charter Township, MI
What homes are available in Commerce Charter Township, MI?
New - 14 hours on Rocket
$3,919 Closing Credit¹
#20250013645, Jim Casey, Listing Office: Signature Sothebys International Realty Bham
New - 3 days on Rocket
$10,000 Closing Credit¹
#20250013003, Melanie S Bishop, Noah S Cohen, Listing Office: KW Domain
New - 3 days on Rocket
$6,886 Closing Credit¹
#20250013183, Eric Miller, Listing Office: RE/MAX Complete
New - 3 days on Rocket
$6,056 Closing Credit¹
#20250013245, Heather S Shaffer, Listing Office: PH Relocation Services LLC
Coming soon
$3,325 Closing Credit¹
#20250012427, Susan R Krumrey, Listing Office: Howard Hanna Clarkston
New - 5 days on Rocket
$3,122 Closing Credit¹
#20250009390, Angelo Buttazzoni, Listing Office: National Realty Centers, Inc
New - 6 days on Rocket
$6,234 Closing Credit¹
#20250011928, Tina M Peterson, Corrine Brown, Listing Office: Real Estate One
New - 6 days on Rocket
$6,768 Closing Credit¹
#20250011849, Hari K Kakumanu, Listing Office: Community Choice Realty Associates, LLC
New - 7 days on Rocket
$3,622 Closing Credit¹
#20250012117, Zack Lessner, Listing Office: New Michigan Realty
$5,581 Closing Credit¹
#20250011200, Brian Hill, Nevin Hill, Listing Office: Metropolitan Real Estate Group
$4,394 Closing Credit¹
#20250011226, Ismail Amen, Listing Office: Keller Williams Legacy
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., Michigan Regional Information Center LLC, and MiRealSource Inc. DL for the period 03/01/2023 - 03/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.