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Featured local agent — Morrice, MI
Sarah Mitchell
Compass Real Estate · Morrice, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Morrice, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$165,000median sale price
How is the Morrice, MI housing market right now?
The median home sale price in Morrice, MI is $165,000, down 34.0% year-over-year. Homes sell in an average of 6 days with 4 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Morrice a buyer's or seller's market?
Morrice, MI is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
6
Fast-moving
Active listings
4
2.0 months supply
Sale-to-list
100.0%
Above asking
What does the Morrice housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $165,000 |
| Median list price | $130,000 |
| Year-over-year price change | -34.0% |
| Average days on market | 6 days |
| Active inventory | 4 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $112/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Listings with a price cut | 25.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Morrice by property type?
How the Morrice, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $165,000 | $112/sq ft | 2 | 6 days |
Source: Redfin · Updated monthly
The Morrice housing market is currently classified as a strong seller's market with a median sale price of $165,000. Prices have fallen 34.0% compared to last year, with homes spending an average of 6 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Morrice
There are currently 4 homes listed for sale in Morrice, Michigan. The median listing price is $130K.
Active listings
4
Homes on market
Median list price
$130K
Avg. days on market
6
Days until sale
New this week
3
Newly listed
Who lives in Morrice?
Population
1,647
Median income
$63,611/yr
Median age
33.8 years
Owner-occupied
88.9%
College grads
9.9%
Avg commute
31.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Morrice?
Zillow home value
$245,705
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Morrice?
Morrice is a community of approximately 2K residents with a median age of 33.8 years.The median household income is $63,611, which represents a working-class community with solid middle-income opportunities. 9.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 88.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Morrice offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Morrice?
2 schools tracked · 451 students
The largest public schools serving Morrice, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Morrice Area High School
Grades 6-12 · 231 students
Morrice Area Elementary School
Grades PK-5 · 220 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Morrice, MI?
Want a head-to-head view? Compare Morrice side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Morrice?
The median home sale price in Morrice is $165,000, down 34.0% from last year.
How long do homes stay on market in Morrice?
Homes typically spend 6 days on market before going under contract.
What is the median income in Morrice?
The median household income is $63,611 per year.
Is Morrice a buyer's or seller's market?
With 2.0 months of supply, Morrice is currently a strong seller's market.
What is the Zillow home value estimate for Morrice?
The Zillow Home Value Index (ZHVI) for Morrice is $245,705, representing the typical home value in the area.
How much does a single-family home cost in Morrice?
The median single-family home price in Morrice, MI is $165,000 (about $112 per square foot).
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