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Is Morrill, NE 69358 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Morrill is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.5Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$137▲ +30.7% vs. last year

The Morrill housing market right now

In the three months ending August 31, 2026, 0% of homes in Morrill, NE 69358 sold above their list price, the typical home went under contract in 47 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. 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 (0% then), homes sold more slowly (28 days then) and the median sale price fell 10% to $136,941. Overall, Morrill is less competitive than a year ago, which gives buyers more room.

Nearby, Mitchell 69357 (20% sold over asking) and Scottsbluff 69361 (16% sold over asking) are even more competitive.

Run the numbers for 69358

Prefilled for 69358Can I win this house?Multiple-offer likelihood for a listing Prefilled for 69358Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Mitchell 69357Seller’s market $118 /sq ftScottsbluff 69361Seller’s market $174 /sq ft Browse all markets →

Towns like Morrill nearby

Find towns like Morrill in other states →
Mitchell, NE69357 · 6 miles away72% similarpricier homes ($30K more) · larger Bayard, NE69334 · 35 miles away68% similarcheaper homes ($27K less) · younger residents Torrington, WY82240 · 15 miles away65% similarpricier homes ($92K more) · larger Minatare, NE69356 · 24 miles away58% similarpricier homes ($37K more) · younger residents

Where Morrill is

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Questions about Morrill real estate

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

A balanced market: there were 4.5 months of supply in Morrill, NE 69358 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 Morrill?

The typical home went under contract in 47 days in the latest three months.

Do homes in Morrill sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.

What are property taxes in Morrill?

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 Morrill?

The median sale price was $136,941 in the three months ending August 31, 2026, about $137 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