Morrice Real Estate
6 active listings · 39 sold in the past 12mo
$202,450
Median List Price
39
Sold (past 12mo)
58
Avg Days on Market
+59.3%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(6)
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For Sale
1/15
$650,000
0 E Lansing Road, Morrice, MI 48857
1.04 ac
Single Family
For Sale
1/45
$589,000
11175 S State Road, Morrice, MI 48857
4 bd3 ba1.82 ac
Single Family
For Sale
1/79
$265,000
511 E Tyrrell Road, Morrice, MI 48857
3 bd1 ba1.11 ac
Single Family
For Sale
1/13
$139,900
126 W Mason, Morrice, MI 48857
4 bd2 ba1,784 sqft0.23 ac
Single Family
For Sale
1/28
$82,900
443 Pond View Drive, Morrice, MI 48857
3 bd2 ba2,016 sqft
Mfg Home
For Sale
1/16
$78,900
420 Hidden Ridge, Morrice, MI 48857
3 bd2 ba1,586 sqft
Mfg Home
Recently Sold(39)
Frequently Asked Questions about Morrice
What is the current real estate inventory in Morrice?
There are currently 6 active listings in Morrice. The median asking price is $202,450.
What is the median home price in Morrice?
Homes in Morrice sell for a median of $202,450, drawn from 39 transactions over the past year.
How fast do homes sell in Morrice?
The average days on market in Morrice is 58, based on 39 recent transactions.
What school districts serve Morrice?
Multiple school districts may serve Morrice. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Morrice a buyer's or seller's market?
Morrice is currently a seller's market, with 1.8 months of supply. That ratio comes from 6 active listings relative to 39 sales per year.
How much are property taxes in Morrice?
Property taxes in Morrice are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What is the Household Formation Gap in Morrice?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Morrice is +59.3%. Shrinking household sizes (from 2.88 to 2.99 persons per household) have increased the number of households needing housing by 205 since 2009 — independent of the 65.4% population growth. This is a secondary demographic indicator, not a primary market measure.