Fine powders of Mn-Zn ferrite were prepared by the alcoholic dehydration method and densification beha-vior of synthesized powder was investigated. The concentration and pH of solution for optimal precipitation was 0.4M and 2.5 respectively. The spinel single phase metastable state was formed by thermal decom-position of precipitate and then spinel phase was disintegrated into hematite and spinel {{{{ { { ZnFe}_{2 }O }_{4 } }} at 600$^{circ}C$ With increase of temperature reaction of solid solution between hematite and spinel was proceeded and resulted in the spinel single phase (Mn, Zn Fe){{{{ { {Fe }_{2 }O }_{4 } }} On account of high reactivity of uncalcined powders densification started at 200$^{circ}C$ lower and completed at 50$^{circ}C$ lower in comparison with calcined powders.