Housing in Morenci, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$69,500
Median List Price
$154,900
Price Per Sq Ft
$55
Days on Market
50
Active Inventory
14
Months of Supply
3.5
Seller's market
Zillow Home Value
$165,989
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
92.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
2
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$55
Median List $/SF
$114
Morenci vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Morenci is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$93,800
Median Rent
$732
Total Housing Units
890
Vacancy Rate
10.3%
Owner Occupied
72.9%
Renter Occupied
27.1%
Median Property Tax
$1,720
per year
Monthly Cost (w/ Mortgage)
$832
Housing Types
The current median sale price in Morenci, MI is $69,500 according to Redfin data. Homes spend a median of 50 days on the market. 0.0% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $55. The median rent is $732 per month (Census ACS). About 72.9% of housing units are owner-occupied. The median year homes were built is 1946. There are 890 total housing units.