The story of this market
The typical home in Commerce Township, Michigan sells for about $435,000, or $203 per square foot.
Prices are up +8.42% from a year ago, so sellers still have some momentum. Homes take about 11 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,250 a month.
Monthly price momentum
Home values since 2015
+4.5%
MI · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Commerce Township, Michigan
The Commerce Township housing market is showing resilience with a median sale price of $435,000 and a tight supply of 2.46 months. Strong demand, evidenced by a 99% sale-to-list ratio and short days on market, is driving price appreciation despite broader economic uncertainties. The township's appeal as a high-income, family-oriented community continues to support market liquidity.
No ARED county foreclosure postings attributed to Commerce Township yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 1.5% year over year.
Homes spend a median of 27 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.21% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 6.0% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A massive state-managed park offering hiking, fishing, and camping, serving as a primary natural anchor for the township.
A significant inland lake providing waterfront living and recreational boating opportunities for residents.
A popular local golf facility that provides recreational space and contributes to the area's suburban amenity profile.
Commerce Township is ideal for family buyers seeking high-quality schools and outdoor amenities, as well as professionals commuting to nearby Oakland County business centers who desire a suburban lifestyle with access to lakes and parks.
The township is served by highly regarded public school districts, including Walled Lake Consolidated Schools and Huron Valley Schools, which are known for strong academic performance and extensive extracurricular offerings.
The township is primarily auto-dependent, with major access provided by regional highway corridors that connect residents to the wider Metro Detroit employment centers.
The township offers an extensive amenity base centered on outdoor recreation, featuring the expansive Proud Lake State Recreation Area, numerous inland lakes for water sports, and several golf courses that serve as major community anchors.
The rental market is characterized by steady demand and rising prices, with a mix of single-family home rentals and multi-family developments; vacancy pressure remains low due to the township's desirable suburban location.
The local economy is driven by a mix of professional services, retail, and proximity to the broader Oakland County industrial and automotive technology corridor.
Commerce Township is experiencing steady residential and commercial growth, supported by its proximity to major Oakland County employment hubs and ongoing infrastructure improvements.
Development activity is focused on residential expansion and the enhancement of commercial corridors to support the growing population.
Parcels are subject to various special assessments, including school district taxes and potential utility or infrastructure-related special assessment districts.
The area features significant water resources, including numerous lakes, which necessitates careful consideration of flood-plain mapping and insurance requirements for waterfront properties.
Property insurance premiums are influenced by the township's significant water exposure and the general risk profile of the Oakland County region.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Data sourced from World Population Review and ACS-based projections.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.