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Commerce, MO Real Estate


According to census data in the year 2000 there were 48 housing units in Commerce. This represents a 28.4% decline from 67 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 48 were located in what is classified as a rural area.

Homeownership rate in Commerce is about 95%. Commerce's vacancy rate, including seasonal lodging, is about 16.7%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Commerce were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type4.20%
One Bedroom0%
Two Bedrooms58.30%
Three Bedrooms16.70%
Four Bedrooms4.20%
Five Bedrooms or more16.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1974
Median Value of occupied units$47,500
Median Price asked for vacant units$27,500

Rented Homes, Apartments and Condos

Average Household Size1
Median year structure was built1985

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage40%
Debt Free60%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs11.7%