The median home appraisal value in Commerce California is $439,898 as of April 27, 2018. In recent years, Commerce home values dropped from $388k in April 2008 to a low of $243k in June 2011.
Foreclosure rates dropped from a high of 36.21% in October 2009 to a rate of 4.27% in April 2016. Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The mortgage delinquency rate in Commerce is 2.1%.
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