Commerce City, Colorado Housing Market Prices
Updated
Commerce City Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 17% above the Colorado median$567,571
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Median rent 2% above the Colorado median$1,795
Housing Market Overview
| Metric | Commerce City | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $567,571 | $484,034 | $248,835 |
| Price Trend (Annual %) | 22.3% | 10.4% | 7.5% |
| Median Gross Rent | $1,795 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 7.1% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Commerce City is about 17% higher than in Colorado. Rent is about 2% higher than the Colorado average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Commerce City, up about 22.3% and 7.1% a year respectively. Home prices are changing faster.
Median rent in Commerce City rose about 87.8% between 2015 and 2024, from $956 to $1,795. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 5.1 yearly household incomes in Commerce City.
Buying the median-priced home in Commerce City costs roughly 26.3 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Commerce City. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Commerce City | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $567,571 | $484,034 | $248,835 |
| Median Household Income | $111,106 | $95,803 | $80,455 |
| Price-to-Income Ratio | 5.1 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Commerce City rose about 447.2%, while median household income rose about 92.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Commerce City | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 74.6% | 60.7% | 58.5% |
| Rental Rate | 22.0% | 31.0% | 31.2% |
| Vacancy Rate | 3.4% | 8.3% | 10.2% |
| Median Tenure (years) | 11.0 | 13.0 | 15.0 |
| Median Year Moved In | 2015 | 2013 | 2011 |
Commerce City has a homeownership rate of 74.6%, higher than the Colorado average of 60.7%. Its housing vacancy rate is 3.4%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Commerce City | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.97 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1995 | 1985 | 1978 |
| Median Number of Rooms | 6.2 | 5.7 | 5.5 |
The typical housing unit in Commerce City was built around 1995. On average, 3.0 people live in a home with about 6.2 rooms, staying for about 11.0 years on average.
Commerce City, CO Housing Compared With Nearby Cities
How Commerce City, CO compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Commerce City, CO | 65,816 | $567,571 #2/3 | $1,795 #3/3 | 77.2% #1/3 |
| Denver, CO | 718,150 | $618,408 | $1,831 | 48.8% |
| Thornton, CO | 134,665 | $468,368 | $1,901 | 70.7% |
Frequently Asked Questions
Common questions about the housing market in Commerce City, Colorado.
What is the median home price in Commerce City, Colorado?
The median home price in Commerce City, Colorado is $567,571, higher than the Colorado average of $484,034.
What is the average home price in Commerce City, Colorado?
The typical home price in Commerce City, Colorado, reported as the median sale price, is $567,571. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Commerce City, Colorado?
The median gross rent in Commerce City, Colorado is $1,795 per month, higher than the Colorado average of $1,761.
What was the median gross rent in Commerce City in 2020?
In 2020, the median gross rent in Commerce City, Colorado was $1,375 per month.
What is the price-to-rent ratio in Commerce City, Colorado?
The price-to-rent ratio in Commerce City, Colorado is about 26.3, meaning it would take roughly 26.3 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Commerce City.
Are home prices or rent rising faster in Commerce City, Colorado?
Both home prices and rent are rising in Commerce City, up about 22.3% and 7.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Commerce City, Colorado?
74.6% of households in Commerce City, Colorado own their home, higher than the Colorado average of 60.7%.
What is the vacancy rate in Commerce City, Colorado?
The housing vacancy rate in Commerce City, Colorado is 3.4%, lower than the Colorado average of 8.3%.
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