The last 12 months, updated monthly
Least Expensive Neighborhoods in Commerce, MI
6 Commerce neighborhoods with at least 3 home sales over the last 12 months, ranked on the median sale price, lowest first. Across Commerce, 58 homes sold at a median of $382,500 and the median asking rent was $1,700 a month.
Home prices and rents by neighborhood
| # | Neighborhood | Median sale | Per sq ft | Sales | Median rent | vs year before |
|---|---|---|---|---|---|---|
| 1 | Oakley Park | $230,000 | $256 | 5 | $1,700 | |
| 2 | Carroll Lake | $267,500 | $252 | 3 | $1,650 | |
| 3 | Maple Pointe Beach | $270,000 | $208 | 5 | ||
| 4 | Frank S Salters Mount Royal Country Club | $360,000 | $218 | 5 | ||
| 5 | Tripps Middle Straits Lake | $472,480 | $275 | 4 | ||
| 6 | Lake Sherwood | $632,500 | $288 | 4 |
What stands out
- Widest gap
- Lake Sherwood ($632,500) against Oakley Park ($230,000).
- Highest rent for the price
- Oakley Park: a year's median rent is 8.9% of the median sale price.
- Most homes sold
- Oakley Park, 5 sales.
The homes behind the top of the list
The highest sales of the last 12 months in Commerce's priciest neighborhoods.
Oakley Park
- 3066 Brisbane Ave $275,000
- 3016 Roselawn Ave $230,000
- 3030 Woodlawn Ave $230,000
Carroll Lake
- 234 Arabelle St $270,000
- 5611 Blackmoor St $267,500
- 290 Vinona Ter $265,000
Maple Pointe Beach
- 3099 Chenoa St $400,000
- 9664 Listeria St $280,000
- 3281 Royal St $270,000
Commerce neighborhood reports
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Commerce neighborhood cost questions
5 questions
What is the cheapest neighborhood in Commerce?
Oakley Park: homes there sold at a median of $230,000 over the last 12 months, from 5 sales.
How much does it cost to rent in Commerce?
The median asking rent across Commerce's neighborhoods was $1,700 a month, from 7 homes listed for rent.
How are the neighborhoods ranked?
On the median sale price of the homes that sold inside each neighborhood's boundary. A neighborhood needs at least 3 sales to be ranked. Price per square foot uses homes with a recorded size.
How often is this report updated?
Every month, with a report for each month, quarter, half year and year once enough homes have sold.
Where do the numbers come from?
Homes sold, listed and rented through the MLS and Zillow, placed in each neighborhood by its recorded boundary. Medians, so half sold above and half below.