Is Commerce Township still moving fast, or are buyers finally getting a little breathing room? The answer is a bit of both. If you are thinking about buying or selling here, understanding the numbers can help you make a smarter move and avoid guessing in a market that still rewards good timing and realistic pricing. Let’s dive in.
Commerce Township Market Overview
Commerce Township remains one of the higher-priced housing markets in Oakland County. Zillow reports a home value index of $399,145, up 3.2% year over year as of April 30, 2026. That tells you values have continued to rise, even if the pace feels more measured than in the most competitive recent years.
This is also an active market, but not an all-out frenzy. Zillow says homes go pending in about 12 days, with 114 homes for sale and 49 new listings. Realtor.com shows 151 homes for sale and median days on market of 36, which reflects a different data set but points to the same big-picture trend: homes are selling, yet buyers may have more room to negotiate than they would in a true bidding-war environment.
How Commerce Township Compares
Commerce Township stands above both county and state price levels. Realtor.com reports a median listing price of $515K in Commerce Township, compared with $375K for Oakland County and $274.9K statewide in Michigan. The local median price per square foot is $236, which further supports its position as a premium suburban market.
For you as a buyer or seller, that matters because expectations need to match the local market, not just the broader region. A home search budget that works in other parts of Oakland County may look different in Commerce Township. On the selling side, higher local pricing can create opportunity, but only if your home is positioned correctly against current competition.
Pricing Signals Buyers and Sellers Should Watch
One of the most helpful data points right now is the sale-to-list ratio. Zillow reports a median sale-to-list ratio of 0.986, which means many homes are selling very close to asking price, but not far above it. Zillow also says 61.0% of sales closed under list price, while 23.4% sold over list.
That combination suggests a market with clear price sensitivity. Well-priced homes can still attract strong attention and move quickly, but overpricing is less likely to be ignored. If you are buying, that can mean there is room for a thoughtful offer. If you are selling, it means strategy matters more than simply aiming high and hoping the market will carry the number.
What Inventory Looks Like Now
Single-Family Homes Lead the Market
Detached homes make up the bulk of available inventory in Commerce Township. Zillow’s 48382 single-family search showed 83 results, with visible listings ranging from about $195K to well over $700K, plus some homes above $1 million. Many listings sit in the middle of the market, while larger homes and lake-oriented properties raise the upper end significantly.
If you are shopping for a traditional single-family home, you will have the most choices in this category. If you are selling one, your main challenge is standing out among similar listings through pricing, presentation, and timing.
Condos Are Limited
Condo supply is much thinner. Zillow showed only a few visible condo listings in 48382, while the broader township search ranged from about $255K to $556.9K, with many units in the high-$200Ks to low-$500Ks.
That limited selection can work both ways. Buyers may need to act quickly when the right unit hits the market, while sellers may benefit from having less direct competition. Still, price and condition remain important because buyers compare attached homes carefully.
Townhomes Are Even Scarcer
Townhomes are the hardest attached-home type to find in Commerce Township. Zillow’s broader township townhome page showed only five results, priced from $250K to $524.9K, and the 48382 townhome search pulled nearby matches rather than many direct local options.
If you want a townhome, you may need to widen your search into nearby areas such as Walled Lake or Wixom. If you own one in Commerce Township, limited supply can be an advantage, especially when your pricing reflects current buyer expectations.
Why Prices Vary Within Commerce Township
Not every part of Commerce Township moves at the same price point. Zillow’s zip code data shows estimated values of $463,309 for 48382, $314,001 for 48390, and $556,272 for 48380. That is a meaningful spread within the same township.
This helps explain why general market headlines only tell part of the story. Your budget, pricing strategy, or valuation may shift based on micro-location, lot size, home style, and whether a property has lake-oriented appeal. In Commerce Township, local context matters.
What This Means if You Are Buying
Buyers in Commerce Township need to balance urgency with discipline. Homes can still move quickly, especially when they are priced well, so having financing lined up and being ready to make a decision matters. At the same time, the overall numbers suggest this is not a market where every listing commands a rush of over-asking offers.
A smart approach is to budget based on active list prices, not just older sold examples. With the township’s median asking price sitting well above county and state norms, your search will go more smoothly if you plan around what sellers are asking today. Then, when you find a home that fits, you can move quickly without stretching beyond your comfort zone.
What This Means if You Are Selling
For sellers, pricing and timing are the two biggest levers. With homes selling at roughly 98% to 98.6% of ask according to Realtor.com and Zillow, buyers are still paying close to list price when a home is positioned well. That is encouraging, but it also means the market tends to reward accuracy more than ambition.
If your home is priced realistically from the start, you improve your odds of strong early interest. If it is priced too high, buyers may hesitate, and that can lead to extra time on market and later price cuts. In a market like Commerce Township, the first impression is still powerful.
Best Time to Buy or Sell in Commerce Township
Seasonality still plays a role here. Realtor.com’s 2026 Best Time to Sell research identified the week of April 12 through 18 as the strongest national listing window, historically tied to slightly higher prices, more views, less competition, and faster sales than January listings.
Local spring 2026 numbers line up with that pattern. Zillow showed 49 new listings and 114 homes for sale on April 30, 2026, while Realtor.com recorded 151 homes for sale and 36 median days on market in March and April. That does not prove every year will unfold the same way, but it does support the practical idea that spring and early summer often bring the most fresh inventory and buyer activity.
For sellers, that usually means more exposure. For buyers, it often means more choice. By contrast, late fall and winter may bring thinner inventory and less competition, which can create a different kind of opportunity depending on your goals.
The Bottom Line on Commerce Township
Commerce Township remains a premium Oakland County market with steady demand, higher-than-average pricing, and a housing mix led by single-family homes. Buyers have more room to negotiate than they would in a peak frenzy, but strong listings can still move fast. Sellers can still do well here, especially when they price carefully and launch at the right time.
If you are planning a move, the most important step is understanding your specific segment of the market. A condo, a move-up single-family home, and a lake-oriented property can all behave differently. That is why local guidance matters when you want to buy or sell with confidence.
If you are weighing your next move in Commerce Township, Anne Shields offers the kind of local, high-touch guidance that helps you cut through the noise and make a clear plan.
FAQs
What is the current housing market like in Commerce Township?
- Commerce Township is an active, higher-priced Oakland County market where homes still sell relatively quickly, but buyers may have some room to negotiate when homes are not priced perfectly.
How much do homes cost in Commerce Township?
- Current market snapshots show a median listing price of $515K on Realtor.com, a median sale price of $382,750 on Zillow, and a Zillow home value index of $399,145 as of April 30, 2026.
Are homes in Commerce Township selling above asking price?
- Some are, but not most. Zillow reports 23.4% of sales over list and 61.0% under list, with a median sale-to-list ratio of 0.986.
What types of homes are most available in Commerce Township?
- Single-family homes make up most of the active inventory, while condos are more limited and townhomes are the scarcest attached-home option.
Is Commerce Township more expensive than nearby areas?
- Yes. Commerce Township’s median listing price is above both Oakland County and Michigan statewide figures, making it one of the more premium suburban markets in the area.
When is the best time to sell a home in Commerce Township?
- Spring and early summer are often the strongest seasons for sellers because that is when fresh inventory and buyer traffic tend to increase the most.
Why do home prices vary so much within Commerce Township?
- Prices can differ by zip code, property type, lot size, and location within the township, including whether a home has lake-oriented appeal or sits in a higher-priced pocket.
