Kittie C. McCoy House · Photo: Traveler100 · CC BY-SA 3.0284 homes sold in Commerce Township in the last year, at a typical $473K
Redfin reports Commerce Township’s sales by ZIP code, so these figures are for ZIP 48382, which takes in Commerce Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Commerce Township homes are listed.
Every place Commerce Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Commerce Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
6% of Commerce Township’s sales are condos, at $119K less than a house
268 houses and 16 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 268 sold in 12 months
- Per square foot
- $206MI $172
- Days to sell
- 26
- Sold over asking
- 33%
typical sale · 16 sold in 12 months
- Per square foot
- $182MI $190
- Days to sell
- 30
- Sold over asking
- 6%
Fewer homes sell than a decade ago, at 1.7 times the 2016 price
284 sales in the last year, against 458 in 2013 and a low of 268 in 2024. The typical sale went from $271K in 2016 to $473K.
Source: Redfin Data Center, MLS sales; for ZIP 48382, which takes in Commerce Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K buys in Commerce Township
Check a listing against what Commerce Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Commerce Township are more common than before the pandemic, but a third fewer homes come up for sale
We read every month of home sales in ZIP 48382 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 284 sales.
If you’re buying in Commerce Township
- Shop in September. It brings about 43 new listings a month, close to the busiest month, with fewer bidding wars (30% over asking).
- Bid near asking. Buyers paid 99.3% of the list price on average; 31% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 51 a month), and the most competition: 35% close over asking. August and September offer nearly as much choice with fewer homes bid up (34%). February has the least competition (23%) but only about 22 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Michigan as a whole
| Commerce Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 31% | 21% | 46% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 53% | 39% | 62% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 99.3% | 97.9% | 100% | 98.4% |
| Days to sellMedian days from listing to contract | 26 | 30 | 19 | 33 |
60 homes for sale on a typical day
That’s 1.5 times the 2021 low (40), 34% fewer than in 2017–19 and well under 2015’s 173.
Since 2019, houses are up 57%, condos 31%
A house typically sold for $494K in the last year (268 sales), a condo for $376K (16).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 48382, which takes in Commerce Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Commerce Township home costs about $2,894 a month
Price: Commerce Township’s typical sale, last 12 months. Property tax at Commerce Township’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Commerce Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. January has the fewest, about 21.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $473K home, about $5,110 a year.
Taxes vs. neighborsSchools
The schools grade for Commerce Township, from test results, graduation and how much students grow.
Schools in Commerce TownshipTypical commute
The average one-way trip to work for people who live in Commerce Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Walled Lake sells for less a square foot; Orchard Lake Village for far more
The busier markets within 25 miles of Commerce Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Novi | 659 | $462K | $220 | 34% | 23 |
| Commerce Township (ZIP 48382) | 284 | $473K | $202 | 31% | 26 |
| Wixom | 140 | $381K | $211 | 32% | 31 |
| Milford | 135 | $401K | $229 | 37% | 25 |
| Walled Lake | 106 | $248K | $189 | 27% | 28 |
| Wolverine Lake | 59 | $379K | $220 | 54% | 33 |
| Orchard Lake Village | 21 | $1.8M | $334 | 24% | 172 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Commerce Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Commerce Township. People who follow the town see it, and so do people comparing Commerce Township with their own town. No commission, no listing fee.
Questions about buying a home in Commerce Township
What do homes sell for in Commerce Township, MI?
284 homes sold in the year to May 2026 at a typical $473K, $202 a square foot. Houses sold for about $494K, condos for about $376K.
Is Commerce Township a buyer’s or seller’s market?
A seller’s market: 73 homes were for sale in May 2026 and 24 sold, about 3 months of supply. Buyers paid 99.3% of asking on average.
When is the best time to buy in Commerce Township?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Commerce Township?
About 1.1% of a home’s value a year. On a $473K home that’s near $5,110.
Where can I see homes for sale in Commerce Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Commerce Township’s MLS listings; the search links above open each one filtered to Commerce Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48382, which takes in Commerce Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).