Morley, MI 49336 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Morley, MI—49336

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$209,000

7.3% YoY Growth

Household Income

$54,900

24.2% YoY Growth

Days on Market

50.0% Shorter YoY

Home Price Forecast

1.1%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Morley, MI

As of May '26, the median home price in Morley, MI is $209,000, with a year-over-year change of 7.3%. This indicates that home prices in Morley, MI are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$209,000	7.3%
Single Family	$209,000	8.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Morley, MI

Morley, MI lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

0.8%

1 Bedroom

4.3%

2 Bedrooms

60.8%

3 Bedrooms

25.5%

4 Bedrooms

7.5%

5+ Bedrooms

1.2%

Property Listings — Morley, MI

As of May '26, Realtor.com reports that the median days on market for a home in Morley, MI is 59. This is a decrease of -50.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$275,000	-14.0%
Listing Count	14	39.0%
Listings as % of Homes	0.9%	39.0%
Days on Market	59	-50.0%

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Demographics — Morley, MI

As of the latest ACS Survey released in 2023, Morley, MI has a population of 4,730, which has increased by 11.7% over the past 5 years. Morley, MI is a popular place for families, as children make up 28.5% of the population. The area has a poorly educated workforce, with 10.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,730	11.7%
% Under 18	28.5%	15.4%
% Seniors	17.8%	-3.3%
% WFH	9.3%	52.5%
% w/ College Degree	10.3%	6.2%

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As of the latest ACS Survey released in 2023, Morley, MI is a predominantly white area, with 92.7% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Morley, MI is hispanic, making up 2.6% of the population. Foreign-born residents account for 2.2% of the population in Morley, MI, and this percentage has increased by 266.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	92.7%	-3.5%
% Black	1.8%	1,700.0%
% Hispanic	2.6%	62.5%
% Asian	0.6%	0.0%
% Foreign Born	2.2%	266.7%

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Mortgage and Risk — Morley, MI

According to HUD data as of 2023, there were 71 mortgage originations in Morley, MI, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Morley, MI. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	71
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	3.0%
% Second Loans	3.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Morley, MI

Morley, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	7
Total Units Section 8	7
% Rentals under Section 8	2.7%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$830
2 Bedroom	N/A	N/A	$1,020
3 Bedroom	N/A	N/A	$1,310
4 Bedroom	N/A	N/A	$1,450

Morley, MI—49336

Key Metrics at a Glance

Home Price Trends — Morley, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Morley, MI

% of Rental Stock

Property Listings — Morley, MI

Demographics — Morley, MI

Race and Ethnicity

Mortgage and Risk — Morley, MI

Mortgages

Rentals and Section 8 — Morley, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Morley, MI

Home Price to Income Ratio

Morley, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Stanwood, MI

Howard City, MI

Coral, MI

Pierson, MI

Lakeview, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$209,000
Median Household Income	$54,900

Morley, MI—49336

Key Metrics at a Glance

Home Price Trends — Morley, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Morley, MI

% of Rental Stock

Property Listings — Morley, MI

Demographics — Morley, MI

Race and Ethnicity

Mortgage and Risk — Morley, MI

Mortgages

Rentals and Section 8 — Morley, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Morley, MI

Home Price to Income Ratio

Morley, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Stanwood, MI

Howard City, MI

Coral, MI

Pierson, MI

Lakeview, MI

Frequently Asked Questions

What is the average home price in Morley, MI 49336?

How have home prices in Morley, MI 49336 changed over the past year?

What is the home price projection for Morley, MI 49336?

What are the demographics of Morley, MI 49336?

How long does it take homes to sell in Morley, MI 49336?

What is the average rent price in Morley, MI 49336?