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Mortgage · Commerce, MI

Mortgage lenders and home loans in Commerce, MI

What homes here cost, what a buyer needs to bring, and the local lenders who close here.

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Homes for sale now
108
MLS and Zillow listings, for sale or pending
Median asking price
$534,900
Across the homes for sale now
Median sale price
$412,500
Homes sold in the last 12 months
Census median rent
$2,005
What renters here pay a month

The numbers for Commerce

Worked from the local figures above. Each one says what it assumes; your own numbers come from your lender, agent or title company.

3.5% down (FHA)

$14,400

On a $412,500 home, the local median sale

20% down (no mortgage insurance)

$83,000

On the same home

Closing costs, about 3%

$12,400

Paid at closing on top of the down payment

Homes for sale in Commerce

Every home for sale in Commerce

Homes for sale, up to 300. Zoom in for prices; tap a pin to open the home.

Local pros for mortgage in Commerce

Ranked by the Rebuild Detroit grade: reviews, license, years in business and how close they are.

Home Inspection near Commerce

Work with a local agent

A buyer's agent can set up showings, pull comps and negotiate for you.

Dennis Tallon II Real Estate One Commerce Robert Harrell, Agent Real Estate One Commerce Mary Beckerman Five Star Real Estate - Commerce Township Office Kelly Trudell Real Estate One Commerce Jackson Regnard The E Commerce Group Llc NANCY SUGARMAN The E Commerce Group Llc

Find an agent in Commerce

Mortgage nearby

Waterford Highland Township Novi West Bloomfield Wixom Walled Lake White Lake Wolverine Lake Milford Township Milford
Tevin Jackson, founder of Rebuild Detroit

Who you are dealing with

Tevin Jackson, founder of Rebuild Detroit

Tevin Jackson founded Rebuild Detroit to put Metro Detroit's homes, numbers and local pros in one place you can trust. Every figure on this Commerce page says where it comes from, and every pro listed is ranked the same way, by reviews, license and years in business.

  • Detroit real estate investor
  • Author of Against All Odds and The Spark
  • Helped scale 100+ home service brands
Call (888) 471-3135 About Tevin How we check every pro

Selling in Commerce

Buying and renting in Commerce

Owning a home in Commerce

Near Commerce

Oakland County

Mortgage in Commerce FAQ

3 questions

How much do I need to buy in Commerce?
On the local median sale of $412,500, 3.5% down is $14,400 and closing costs add about 3%.
Should I get pre-approved first?
Yes. Sellers here take an offer with a pre-approval letter far more seriously, and you will know your price before you tour.
Where do these numbers come from?
Census five-year estimates for the place, the MLS and Zillow listings and sales in the Rebuild Detroit homes index, and the Rebuild Detroit directory for the local pros.