Welcome to our 49256 real estate data hub, tailored for investors in Morenci, MI. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 49256 in Morenci, MI. Discover Section 8 housing opportunities and challenges to maximize your investment potential in LENAWEE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Morenci, MI real estate investing. Uncover the wealth of information available, and position yourself for success in the Morenci property market.
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Location Overview
- Zip Code: 49256
- City: Morenci
- State: MI
- Metro Area: Adrian, MI
- County Name: LENAWEE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $127,314
- Average Home Price (Single Family Homes): $127,388
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -1.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: Not Available
- Average 3 Bedroom Section 8 Rental Rates: Not Available
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: Not Available
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: Not Available
- Number of Units Offered in Section 8 in the County: 310
- Number of Occupied Units in Section 8 in the County: 290
- Percentage of Section 8 Units Occupied in the County: 93.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): 42.28
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.56%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.4%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 29.74%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 48.16%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 153.39%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 97.11%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 113.74%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%