Home values in Commerce Township, Michigan are up 3.5% year-over-year as of early 2026 — and the spring selling season is showing no signs of letting up.

As the founder of the Harrell Realty Team and a Lakes Area resident for over 15 years, I track the Commerce Township housing market 2026 data every single month. Here is what buyers and sellers need to know right now.

The Single Most Important Number Right Now

The average home value in Commerce Township is $386,637 — a 3.5% increase from one year ago, according to Zillow's home value data.

That is consistent, positive growth in a market that has held strong through shifting interest rate conditions nationally. The driver is simple: Commerce Township is a high-income, lake-rich, supply-constrained community — and that combination protects home values over time.

Commerce Township Market Snapshot — May 2026

The price-per-square-foot dip of 2% does not indicate softening — it largely reflects a shift in the active listing mix toward larger homes. Actual home values continue trending upward.

The 29-day average time to pending reflects the broader market. Well-priced, move-in-ready homes in strong school district zones are moving faster — sometimes in under a week.

Waterfront inventory remains tight. With only 21 to 39 active lakefront listings across all 28 of Commerce Township's lakes at any given time, serious lake-home buyers must be pre-approved and ready to act. Read our full lake homes buyer's guide for everything to know before making an offer on a waterfront property here.

What This Market Means for Buyers

This is still a competitive market for buyers, but conditions are more balanced than 2021–2022.

You have time to be thoughtful. You don't need to waive contingencies or skip inspections to be competitive on most listings. On well-priced homes in premium zones — particularly waterfront properties and homes within the Walled Lake Consolidated School District — you may face competition, so having your pre-approval ready is essential.

For buyers priced out of the waterfront tier, Commerce Township's non-lake neighbourhoods offer excellent value relative to comparable Oakland County communities like West Bloomfield or Novi.

What This Market Means for Sellers

Spring 2026 is a strong time to list in Commerce Township.

Inventory is moderate — roughly 165 to 175 active homes — which means your listing has real room to get attention. Buyers are in the market. Homes that are professionally photographed, competitively priced within 3% to 5% of true market value, and move-in ready are generating multiple offers. Homes that are over-priced are sitting.

If you are considering listing, the most valuable thing you can do right now is request a current comparative market analysis from a local agent who knows your specific neighbourhood's pricing dynamics. Learn more in our guide to listing agents in Commerce Township MI.

Neighbourhood Spotlight: Commerce Lake

Commerce Lake is Commerce Township's most exclusive private all-sports lake. At 236 acres with no public boat launch, access is limited entirely to lakefront property owners — and that exclusivity is built directly into the pricing.

Entry-level lake cottages on Commerce Lake start around $450,000 to $600,000. Mid-range waterfront homes range from $600,000 to $900,000. Custom lake estates routinely exceed $1,000,000.

Commerce Lake waterfront inventory remains extremely tight in spring 2026 — typically just a handful of active listings at any time. Read our full living in Commerce Lake guide for a complete picture of the neighbourhood, schools, lifestyle, and current pricing.

What to Expect in June 2026

The spring market typically peaks in May and carries strong momentum into June in the Commerce Township area. Expect continued competitive conditions on well-priced properties through mid-June.

For sellers, listing in early June still positions you well before the summer slowdown begins. For buyers, acting on properties that align with your criteria is the right posture given current value growth. Niche rates Commerce Township as more family-friendly than 97% of Michigan neighbourhoods — demand here is structural, not speculative.

Frequently Asked Questions

Is it a good time to buy a home in Commerce Township Michigan 2026? Yes, for buyers who are financially ready. Home values have risen 3.5% year-over-year and that trajectory is expected to continue. Commerce Township is a high-income, supply-constrained lake community. Waiting for values to drop meaningfully here is not a strategy that has historically rewarded buyers.

What is the average home price in Commerce Township MI? The average home value is $386,637 (Zillow ZHVI, early 2026). For recently transacted homes, typical sale prices range from $425,000 to $500,000 for non-waterfront properties. Waterfront homes average $543,000 to $568,700.

How long does it take to sell a home in Commerce Township MI? Well-priced, move-in-ready homes are going under contract in approximately 29 days on average. Waterfront and premium school-district homes can move faster. Overpriced listings sit considerably longer.

What are the best lakes to live on in Commerce Township MI? Commerce Lake is the top choice for a private all-sports experience. Union Lake offers a larger public-access all-sports lake at a lower entry point. Lower and Middle Straits Lake provide value-tier lake access. Each lake has distinct pricing, access rules, and HOA structures.

The Commerce Township housing market rewards buyers and sellers who come prepared with local knowledge and a clear strategy. The Harrell Realty Team has tracked this market for over 30 years.

Call (248) 830-1870 or visit harrellrealtyteam.com for a current market valuation or a free buyer consultation. Harrell Realty Team | Real Estate One | 8430 Richardson Rd, Commerce Township, MI 48382

Last Updated on May 18, 2026