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Mount Morris, MI 48458 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Mount Morris, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 3030PendingPending sales: 11
Mount Morris, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $130k$130kSoldMedian sold price (last 6 months): $146k$146k
What homes actually sell for in Mount Morris, MI
Distribution of 160 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $87k to $230k
$34k to $71k: 25 sales$34k$71k to $108k: 18 sales$108k to $145k: 27 sales27sales$108k$145k to $183k: 25 sales$183k to $220k: 12 sales$183k$220k to $257k: 21 sales$257k to $294k: 11 sales$257k$294k to $331k: 5 salesMedian $146k

What the numbers say

As of October 26, 2026, Resideline is tracking 30 active listings and 1 pending sales in ZIP code 48458. That pending-to-active ratio of 0.03 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $129,700, while the median of the 160 closed sales Resideline tracked over the last six months was $146,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 48458 for 82 days.

Frequently asked questions

What is the median home price in 48458?

The median closed sale price in Mount Morris, MI 48458 was $146,000 over the last six months, based on 160 closed sales tracked by Resideline. The middle half of those sales ranged from $87,000 to $230,000.

Is 48458 a buyer's or seller's market?

Resideline is currently tracking 1 pending sales against 30 active listings in 48458, a pending-to-active ratio of 0.03. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 48458 is currently a slower-moving market.

Nearby ZIP code market data

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