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Is Mitchell, NE 69357 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Mitchell is a seller’s market. With about 3.8 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.8Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list93.5%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$118▼ −8.5% vs. last year

The Mitchell housing market right now

In the three months ending August 31, 2026, 20% of homes in Mitchell, NE 69357 sold above their list price, the typical home went under contract in 25 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (20% then), homes sold more slowly (23 days then) and the median sale price fell 8% to $119,948. Overall, Mitchell is about as competitive as it was a year ago.

Nearby, buyers who want less competition could look at Morrill 69358 (0% sold over asking) or Scottsbluff 69361 (16% sold over asking).

Run the numbers for 69357

Prefilled for 69357Can I win this house?Multiple-offer likelihood for a listing Prefilled for 69357Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Morrill 69358Balanced $137 /sq ftScottsbluff 69361Seller’s market $174 /sq ft Browse all markets →

Towns like Mitchell nearby

Find towns like Mitchell in other states →
Minatare, NE69356 · 17 miles away81% similarsmaller · 5 min shorter commute Bayard, NE69334 · 29 miles away81% similarcheaper homes ($56K less) · smaller Morrill, NE69358 · 6 miles away72% similarcheaper homes ($30K less) · smaller Torrington, WY82240 · 22 miles away70% similarpricier homes ($62K more) · larger

Where Mitchell is

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Questions about Mitchell real estate

Is Mitchell a buyer’s or seller’s market?

A seller’s market: there were 3.8 months of supply in Mitchell, NE 69357 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Mitchell?

The typical home went under contract in 25 days in the latest three months.

Do homes in Mitchell sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 93.5% of the list price.

What are property taxes in Mitchell?

About 1.63% of a home’s value a year in Sioux County, or roughly $6,520 on a $400,000 home.

What is the median home price in Mitchell?

The median sale price was $119,948 in the three months ending August 31, 2026, about $118 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology