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MORRICE, MI 48857

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The MORRICE, MI real estate market (48857) currently shows 7 active listings, with 2 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 56 days on market compared to 77 days last year.

The median listing price has risen 77.1% year-over-year, from $191,875 to $339,900.

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Market Context

Market Context

Population: 3,489  ·  Density: 54.9/mi²  ·  Median household income: $76,583

Typical home value: $132,685  ·  Homeownership: 86.4%

Market Overview

Active Listings
7
⇧ 16.7% vs 6 last year
Pending
2
29% pending ratio
Median Price
$339,900
⇧ 77.1% vs $191,875 last year
Average Price
$339,250
⇧ 76.8% vs $191,875 last year
Days on Market
56
⇩ 27.3% vs 77 days last year

Price Per Square Foot

Median $/sqft
$164
⇧ 35.5% vs $121/sqft last year
Median Home Size
1,784 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 6 last year
  • Days on market: 56 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $339,900 (+77.1% YoY)
  • Average: $339,250 (+76.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.3 miles — 471 listings ($147,981,385 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48857Morrice, MI 488570.0 mi4$743,332$187,500$185,833
48872Perry, MI 488724.3 mi19$7,719,871$394,475$406,309
48476Vernon, MI 484769.0 mi4$714,532$185,000$178,633
48848Laingsburg, MI 4884810.6 mi16$8,591,856$418,675$536,991
48840Haslett, MI 4884012.1 mi30$16,685,670$437,400$556,189
48836Fowlerville, MI 4883612.7 mi36$15,248,988$347,500$423,583
48436Gaines, MI 4843614.2 mi4$1,099,800$274,950$274,950
48449Lennon, MI 4844915.0 mi7$2,002,000$252,400$286,000
48866Ovid, MI 4886615.1 mi7$1,401,596$152,400$200,228
48823East Lansing, MI 4882316.2 mi84$34,659,996$313,975$412,619
48451Linden, MI 4845117.4 mi70$33,189,590$450,521$474,137
48912Lansing, MI 4891220.0 mi63$7,869,834$96,250$124,918
48910Lansing, MI 4891021.3 mi127$18,054,320$132,400$142,160

Frequently Asked Questions

How many homes are for sale in MORRICE, MI 48857?

As of September 2026, there are 7 active listings in MORRICE, MI (zip code 48857), compared to 6 the prior year.

What is the median home price in MORRICE, MI 48857?

The median listing price in MORRICE, MI 48857 is $339,900 as of September 2026, a 77.1% increase from $191,875 the prior year.

How long do homes stay on the market in MORRICE, MI?

Homes in MORRICE, MI 48857 spend an average of 56 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in MORRICE, MI 48857?

Based on current inventory and days-on-market data as of September 2026, MORRICE, MI 48857 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 56 days on market compared to 77 days last year.

How much can I save on real estate commission in MORRICE, MI?

With SELL123.com's maximum 3% commission, sellers in MORRICE, MI 48857 save an estimated $6,798 compared to a typical 5% commission on the median listing price of $339,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.