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Morenci Home Values and Market Report

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Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 12 months, homes sold for 99.0% of list price in 78 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $204K Sold · $195K
$490K$350K$210K$70K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 7 sales in Sep. Last month: 7.

Where the market stands

All homes in this report, by status.

83homes
Active25 · 30%
Under contract4 · 5%
Sold (12 mo)54 · 65%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$160K
Under contract$1.39M
Sold$198K

Average days on market

Active55 days
Under contract189 days
Sold78 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 25
Average list price $160,027
Avg. days on market 55 days
Avg. price per ft² Not enough data
Avg. living area Not enough data
Avg. beds / baths 3.1 / 1.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

Not enough data to chart this.

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

6 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

10605 Hickory Street$163
606 Burley Street$151
120 Clark Street$104
415 N East Street$101
320 S East Street$100
511 N Summit Street$96
118 E Chestnut Street$88

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
129 S East StreetMorenci, MI 49256 ———$299,900—77 days
8513 Haley RoadClayton, MI 49235 31—$264,900—77 days
415 N East StreetMorenci, MI 49256 422,395$242,500$10126 days
120 W Weston RoadMorenci, MI 49256 32—$199,900—70 days
823 N Summit StreetMorenci, MI 49256 31—$199,000—22 days
511 N Summit StreetMorenci, MI 49256 422,016$194,000$9613 days
218 Oak StreetMorenci, MI 49256 31—$189,900—19 days
124 E Stephenson StreetMorenci, MI 49256 31—$189,900—77 days
10605 Hickory StreetMorenci, MI 49256 311,138$185,500$1635 days
10490 Lime Creek RoadMorenci, MI 49256 31—$169,900—39 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Rosietherealtormi.com Khoury Real Estate LLC.

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