Zip 49336 (Morley, MI) Housing

The housing market in Morley, MI (49336) is booming! The median value of homes in the area is $156,400 which is significantly less than the US house median value of $338,100. However, a comparison of home appreciation percentages between the US and Morley, MI reveals that in the past year, home values have appreciated by 12.54% in Morley compared to 8.27% nationwide. This is indicative of a strong real estate market and an indication that now might be a great time to invest in or purchase a home in this area.

The median home cost in Morley (zip 49336) is $156,400. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Morley (zip 49336) is up 16.2%.

Average Age of Homes

- The median age of Morley (zip 49336) real estate is 39 years old

The Rental Market in Morley (zip 49336)

- Renters make up 15.1% of the Morley (zip 49336) population
- 0.0% of houses and apartments in Morley (zip 49336), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Morley, Michigan	United States
	1,674.0	139,647,020.0
	39	42
	$156,400	$338,100
	16.2%	16.6%
	62.1%	57.0%
	120.9%	101.1%
	$10.88	$10.98
	$1,083	$2,690
	76.9%	57.4%
	8.0%	11.2%
	15.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.8%	0.4%
	5.4%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	5.2%	2.6%
	9.9%	2.4%
	12.4%	2.8%
	8.7%	3.9%
	14.1%	4.5%
	17.0%	11.3%
	18.2%	13.0%
	10.3%	20.1%
	3.1%	13.6%
	0.3%	8.3%
	0.0%	9.7%
	0.2%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.7%	13.6%
	9.7%	13.6%
	22.5%	13.6%
	14.9%	13.2%
	14.5%	14.8%
	22.5%	13.6%
	4.1%	10.0%
	2.5%	4.7%
	15.5%	12.2%

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