Why Live in Commerce
Commerce, situated 7 miles southeast of downtown along I-5, is a unique neighborhood known for its strategic formation to avoid high property and utility taxes. This close-knit community features a mix of mid-sized ranch-style and Traditional homes, predominantly built in the mid-20th century. While Commerce is largely industrial, it offers several attractions, including the Citadel Outlets, renowned for its Assyrian-inspired architecture and a variety of brand-name stores like Nike, Adidas, and Coach. The neighborhood is also home to the Commerce Casino, the world's largest cardroom, hosting live events such as UFC and boxing. Public amenities are a highlight, with the Commerce Public Library offering programs for all ages and the Brenda Villa Aquatic Center providing swimming and fitness classes. Outdoor activities are plentiful at Bandini Park and Bristow Park, which feature sports facilities and picnic areas. Commerce is served by the Montebello Unified School District, with local schools including Bandini Elementary and Rosewood Park School. The neighborhood's business-centric nature is evident with the Costco Business Center catering to small businesses and the city-owned Camp Commerce offering corporate retreats. Despite its industrial focus, Commerce maintains a lively community atmosphere with low crime rates compared to the national average.
Home Trends in Commerce, CA
On average, homes in Commerce, CA sell after 26 days on the market compared to the national average of 55 days. The median sale price for homes in Commerce, CA over the last 12 months is $725,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$725,000
Median Single Family Sale Price
$725,000
Median Townhouse Sale Price
$835,000
Median 2 Bedroom Sale Price
$503,000
Average Price Per Sq Ft
$599
Number of Homes for Sale
4
Last 12 months Home Sales
25
Median List Price
$704,500
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
3%