Market Overview
Home Prices in Morley, MI
The median home value in Morley, MI is $206,678 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.8% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Morley are priced50% below average. Morley is part of the Big Rapids, MI metro area.
Over the past five years, Morley home values have risen by approximately21.8%, reflecting strong long-term appreciation in this market.
Price History
Morley Home Price Trend
City Comparison
Morley vs. National Median
At $206,678, homes in Morley cost 50% below the national median of $410,000. This makes Morley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Morley?
20% Down Payment
$41,336
on $206,678
Monthly P&I
$1,078/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,369/mo
incl. taxes & insurance
Income Needed
$54,760
gross annual (30% rule)
10% Down Option
$20,668
+ PMI applies
Loan Amount (20% dn)
$165,342
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Morley, MI?
The median home value in Morley is $206,678 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.8% year-over-year.
How much have home prices changed in Morley?
Over the past year, home values in Morley have increased by 8.8%. Over five years, prices have risen approximately 21.8%.
How much do I need to earn to buy a home in Morley?
To comfortably afford the median home price of $206,678 with a 20% down payment ($41,336) at today's rates (6.8%), you'd need a gross annual income of approximately $54,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Morley compare to the national average home price?
The national median home value is approximately $410,000. At $206,678, homes in Morley are 50% below the national average.
What metro area is Morley part of?
Morley is part of the Big Rapids, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.