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Commerce, CA Real Estate


According to census data in the year 2000 there were 3,380 housing units in Commerce. This represents a 1.5% growth from 3,330 in 1990.

Of those housing units, 3,380 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Commerce is about 47.4%. Commerce's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 3.8 people.

The majority of houses, apartments or condos in Commerce were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type14.30%
One Bedroom27.10%
Two Bedrooms30.20%
Three Bedrooms22.60%
Four Bedrooms5.40%
Five Bedrooms or more0.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size4.14
Median year structure was built1955
Median Value of occupied units$156,000
Median Price asked for vacant units$219,100

Rented Homes, Apartments and Condos

Average Household Size3.48
Median year structure was built1963
Median Monthly Rent asked for vacant units$571

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.10%
Home Equity Loan3.20%
Simple Mortgage52.20%
Debt Free33.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.7%