The last 12 months, updated monthly
Most 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, highest 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 | Lake Sherwood | $632,500 | $288 | 4 | ||
| 2 | Tripps Middle Straits Lake | $472,480 | $275 | 4 | ||
| 3 | Frank S Salters Mount Royal Country Club | $360,000 | $218 | 5 | ||
| 4 | Maple Pointe Beach | $270,000 | $208 | 5 | ||
| 5 | Carroll Lake | $267,500 | $252 | 3 | $1,650 | |
| 6 | Oakley Park | $230,000 | $256 | 5 | $1,700 |
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
- Frank S Salters Mount Royal Country Club, 5 sales.
The homes behind the top of the list
The highest sales of the last 12 months in Commerce's priciest neighborhoods.
Lake Sherwood
- 5017 Surfwood Dr $1,087,500
- 4915 Oakwood Ct $660,000
- 3345 E Commerce Rd $605,000
Tripps Middle Straits Lake
- 3120 Rose Ln $767,515
- 3106 Rose Ln $676,960
- 3262 Edgemere Ave $268,000
Frank S Salters Mount Royal Country Club
- 4642 Ponderosa St $390,000
- 4646 Rowena St $369,720
- 4844 Whitlow Blvd $360,000
Commerce neighborhood reports
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Commerce neighborhood cost questions
5 questions
What is the most expensive neighborhood in Commerce?
Lake Sherwood: homes there sold at a median of $632,500 over the last 12 months, from 4 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.