Moran, MI housing market
The typical Moran home is worth about $219,000, up 5.8% in a year, 18% below the Michigan typical home.
Home values, sales, trends and how Moran compares with the towns next door — updated as new data is published.
Moran at a glance
Typical home value, 2016–2026
Show as a table
| January | Moran | Michigan |
|---|---|---|
| 2017 | $113,000 | $144,000 |
| 2018 | $119,000 | $155,000 |
| 2019 | $128,000 | $165,000 |
| 2020 | $134,000 | $175,000 |
| 2021 | $152,000 | $194,000 |
| 2022 | $169,000 | $217,000 |
| 2023 | $185,000 | $230,000 |
| 2024 | $187,000 | $241,000 |
| 2025 | $195,000 | $253,000 |
| 2026 | $213,000 | $262,000 |
| August 2026 | $219,000 | $266,000 |
2 new homes permitted in 2025
Builders were permitted 2 new homes in Moran in 2025, all single-family houses. Over the past 10 years, Moran has permitted 22 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Moran gained 35 residents while 20 new homes were permitted: about 1.8 new residents per new home. Building and growth moved roughly in step. Across Michigan: 1.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 2 | 2 | 0 | $500,000 |
| 2024 | 3 | 3 | 0 | $1.1 million |
| 2023 | 4 | 4 | 0 | $1.5 million |
| 2022 | 2 | 2 | 0 | $466,000 |
| 2021 | 4 | 4 | 0 | $390,000 |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 4 | 4 | 0 | $850,000 |
| 2018 | 1 | 1 | 0 | $210,000 |
| 2017 | 1 | 1 | 0 | $300,000 |
| 2016 | 1 | 1 | 0 | $140,000 |
| 2015 | 3 | 3 | 0 | $200,000 |
| 2014 | 3 | 3 | 0 | $250,000 |
| 2013 | 3 | 3 | 0 | $501,000 |
| 2012 | 0 | 0 | 0 | $800,000 |
| 2011 | 2 | 2 | 0 | $300,000 |
| 2010 | 2 | 2 | 0 | $250,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 2 | 2 | 0 | $615,000 |
| 2007 | 5 | 5 | 0 | $521,000 |
| 2006 | 4 | 4 | 0 | $350,000 |
| 2005 | 5 | 5 | 0 | $438,000 |
| 2004 | 6 | 6 | 0 | $525,000 |
| 2003 | 14 | 14 | 0 | $1.6 million |
| 2002 | 13 | 13 | 0 | $1.5 million |
| 2001 | 18 | 18 | 0 | $1.3 million |
| 2000 | 17 | 17 | 0 | $1.2 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Moran and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Moran | $219K | +5.8% | $1,190 | 2 | $68,059 |
| Hendricks | — | — | $1,160 | 1 | $46,250 |
| St. Ignace | — | — | $970 | — | $64,663 |
| St. Ignace | $247K | +8.8% | $1,070 | 2 | $52,656 |
| Trout Lake | $207K | +9.9% | $1,130 | — | $46,500 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,190
HUD's Fair Market Rent for a two-bedroom in Moran is $1,190 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Moran pay a median of $855, so moving in tends to cost more than staying put.
Studio $910 · 4 bedrooms $1,690
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49760, 49762, 49781; Mackinac County, MI), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.