Housing Prices in Morley, MI

How much do homes in Morley, MI cost?

Median List Price

$169,000

$135/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$30,950(-15.5%)

Key Takeaway

The list price of homes in Morley has decreased by 15.5% since last year.

Summary: The median home list price in Morley was $169,000 in March 2024, down 15.5% from the previous year, and the median price per square foot was $135.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$40K
N/A
2 $129.9K$114.9K
-11.5%
3 $179.9K$238.9K
+32.8%
4 $240K$189.9K
-20.9%
5+ $274.9K-
N/A

Summary: Morley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.5%, 3 bedroom homes increased by 32.8%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Aetna Township
+72.3%
Deerfield Township
-2.7%
Morley
-15.5%

Housing Supply in Morley, MI

How many homes are available in Morley, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
87-12.5%

Summary: The Morley real estate market had 7 homes for sale in March 2024, a 12.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 11
0.0%
3 22
0.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Morley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Days on Market for Morley, MI

How long does it take to sell a home in Morley, MI?

Average Listing Age

Mar 2023Mar 2024CHANGE
118 Days81 Days-31.0%

Summary: Homes in Morley had an average listing age of 81 days in Mar 2024, down by 31% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Morley, MI

Nearby Markets to Morley, MI