Market Overview
Home Prices in Mt Morris, MI
The median home value in Mt Morris, MI is $118,225 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.9% compared to a year ago and up 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mt Morris are priced71% below average. Mt Morris is part of the Flint, MI metro area.
Over the past five years, Mt Morris home values have risen by approximately37.4%, reflecting strong long-term appreciation in this market.
Price History
Mt Morris Home Price Trend
City Comparison
Mt Morris vs. National Median
At $118,225, homes in Mt Morris cost 71% below the national median of $410,000. This makes Mt Morris a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mt Morris?
20% Down Payment
$23,645
on $118,225
Monthly P&I
$617/mo
30-yr @ 6.8%
Total Monthly Est.
~$784/mo
incl. taxes & insurance
Income Needed
$31,360
gross annual (30% rule)
10% Down Option
$11,823
+ PMI applies
Loan Amount (20% dn)
$94,580
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 Mt Morris, MI?
The median home value in Mt Morris is $118,225 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.9% year-over-year.
How much have home prices changed in Mt Morris?
Over the past year, home values in Mt Morris have increased by 7.9%. Over five years, prices have risen approximately 37.4%.
How much do I need to earn to buy a home in Mt Morris?
To comfortably afford the median home price of $118,225 with a 20% down payment ($23,645) at today's rates (6.8%), you'd need a gross annual income of approximately $31,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Mt Morris compare to the national average home price?
The national median home value is approximately $410,000. At $118,225, homes in Mt Morris are 71% below the national average.
What metro area is Mt Morris part of?
Mt Morris is part of the Flint, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.