Housing Prices in Morley, MI

How much do homes in Morley, MI cost?

Median List Price

$179,450

$136/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$15,500(-8.0%)

Key Takeaway

The list price of homes in Morley has decreased by 8% since last year.

Summary: The median home list price in Morley was $179,450 in April 2024, down 8% from the previous year, and the median price per square foot was $136.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$76.5K
N/A
2 $144.9K$97.4K
-32.8%
3 $179.9K$238.9K
+32.8%
4 $240K$239.9K
0%
5+ $274.9K-
N/A

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

Median List Price Compared To Nearby Cities

Aetna Township
+69.5%
Deerfield Township
-0.1%
Morley
-8.0%

Housing Supply in Morley, MI

How many homes are available in Morley, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
712+71.4%

Summary: The Morley real estate market had 12 homes for sale in April 2024, a 71.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 12
+100.0%
3 24
+100.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The Morley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, 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

Apr 2023Apr 2024CHANGE
92 Days68 Days-25.9%

Summary: Homes in Morley had an average listing age of 68 days in Apr 2024, down by 25.9% compared to the previous year.

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

Report Updated 16 Days Ago

Newest Listings in Morley, MI

Nearby Markets to Morley, MI