Is now a good time to sell my house in Commerce Township?

Usually when the sale fits your life rather than the headlines. Your next move, your finances and the state of the house matter more than the month.

The Commerce Township numbers worth watching are time to contract, price cuts and what similar homes closed at, all of which a local agent or the public sale records can supply.

More in How Do I Know When It’s Time to Sell My House?

Should I sell my Commerce Township house as-is or fix it up first?

Fix only what will add more to the price than it costs. Sell as-is when the work would be large, slow or uncertain.

Our sample for Commerce Township is a single home, so recent sales on your own street are the better guide to what buyers there expect.

More in Should I Sell My House As-Is or Fix It Up First?

What are the benefits of selling my Commerce Township house off-market?

Discretion, no preparation and control of the calendar.

  • Privacy. The house is never listed for sale, and there are no showings or open houses.
  • No preparation. No repairs, staging or deep cleaning before you sell.
  • Certainty on timing. You choose the closing date at the start, not after the inspection.
  • A simpler negotiation. One buyer and one conversation, from offer to closing.

The cost is fewer buyers bidding. On the open market, competition can push a price higher, so it is worth weighing both routes. Should I Sell My House Off-Market? explains how.

How fast can I sell my house in Commerce Township?

Off-market, on the date you choose, whether that is a few weeks out or a few months, once the title work and the documents Michigan requires are done.

A listing adds preparation, showings and negotiation up front, then the buyer’s inspection, appraisal and loan approval, any of which can push the date or end the deal.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

What does it cost to sell a house in Commerce Township?

On a listed sale, commission is usually the largest cost, followed by transfer taxes, title and closing fees, and any repairs or credits after the buyer’s inspection. A private sale to Address District has no commission.

Federal tax on the gain may not apply at all. If you owned the house and lived in it as your main home for two of the last five years, the IRS lets you exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

How does selling my Commerce Township house off-market work?

In four steps, with no listing and no showings.

  1. Send us the address and a few details through the offer form, or get in touch.
  2. A person on our team looks at the house and recent sales nearby, and may ask for a walk-through.
  3. We send a written offer. You are under no obligation to accept it.
  4. If you do, the closing is handled by a title company or closing attorney, on your date.

Before you sign anything, we tell you in writing who the buyer is.

How does Commerce Township compare with nearby neighborhoods?

Bloomfield Hills, 11 miles away, counts three older homes among the three we sampled. Bloomfield Hills, 12 miles away, shows five older homes among the seven we sampled. South Lyon, 12 miles away, has one older home among the three we sampled. Commerce Township ranks tied for 883rd nationally for older homes, behind three of them.

Every neighborhood in the index has its own page, and the Michigan page lists all 16 in the state.

Do older homes in Commerce Township sell for less than new construction?

In our sample, yes. The one older home in the 48382 sample sold for 17.8 percent of the average price of new construction in the same ZIP code. The Michigan median is 17.2 percent, and the index median is 23.1 percent. With one older home behind it, treat the figure as a rough guide.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

Commerce Township by the numbers

Older homes
1
of 1 home sampled, built 1980 or earlier
Share of older homes
100.0%
Michigan 85.4%. Index 49.0%.
Older vs new
17.8%
Older home price as a share of new construction
National rank
#883 (tie)
of 1,192 ZIP codes
State rank
#9
of 16 in Michigan
Minimum lot
18,295 sq ft
As recorded in the source data

The Address District sample includes one home in Commerce Township (48382), and it was built in 1980 or earlier. That places 48382 tied for 883rd of 1,192 ZIP codes nationally for the number of older homes, and tied for ninth of 16 in Michigan.

Across the 16 Michigan ZIP codes in the index, 85.4 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

With one home in the sample, read these figures as a snapshot of the homes sampled rather than a measure of the whole ZIP code.

How 48382 compares

Share of older homes

Homes in the sample built in 1980 or earlier

48382 Commerce Township100.0%
Michigan85.4%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

48382 Commerce Township17.8%
Michigan median17.2%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
48302Bloomfield HillsOakland County, MI11 mi378100.0%
48301Bloomfield HillsOakland County, MI12 mi20871.4%
48178South LyonOakland County, MI12 mi70733.3%
48304Bloomfield HillsOakland County, MI13 mi223100.0%
48009BirminghamOakland County, MI15 mi36100.0%
48430FentonGenesee County, MI18 mi883100.0%
48307Rochester HillsOakland County, MI20 mi883100.0%
49341RockfordKent County, MI108 mi883100.0%

The top of Michigan

State rankZIPPlaceHomesOlder homesShare
148009BirminghamOakland County, MI1515100.0%
248301Bloomfield HillsOakland County, MI7571.4%
348304Bloomfield HillsOakland County, MI55100.0%
448302Bloomfield HillsOakland County, MI33100.0%
549117New BuffaloBerrien County, MI3266.7%
648178South LyonOakland County, MI3133.3%
749408FennvilleAllegan County, MI2150.0%
749686Traverse CityGrand Traverse County, MI2150.0%
948307Rochester HillsOakland County, MI11100.0%
948430FentonGenesee County, MI11100.0%

All 16 Michigan ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.