Commerce, OK Real Estate

According to census data in the year 2000 there were 1,070 housing units in Commerce. This represents a 3.3% decline from 1,107 in 1990.

Of those housing units, 1,066 were located in either urbanized areas or urban clusters, and 4 were located in what is classified as a rural area.

Homeownership rate in Commerce is about 68.7%. Commerce's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Commerce were built after 1957.


Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom15.90%
Two Bedrooms42.20%
Three Bedrooms35%
Four Bedrooms5.10%
Five Bedrooms or more0.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1955
Median Value of occupied units$33,900
Median Price asked for vacant units$22,500

Rented Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1962
Median Monthly Rent asked for vacant units$257

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.30%
Home Equity Loan2.50%
Simple Mortgage47.60%
Debt Free48.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.1%