Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$151,995+0.1% YoY · prices are flat
Market right nowBuyer's marketFewer homes for sale than last year, 27% have cut their price
Income needed to buy, per year$32,949About 0.5× the local median income ($67,099): affordable for a typical household
Days on market127 daysSlower than a year ago: buyers have time to negotiate
The typical home in Morrill County, NE is worth $151,995, about the same as a year ago. That is slightly below what local incomes have historically supported: fair value is about $156,644, so the area is 3.0% undervalued. It is a buyer's market: homes take about 127 days to sell, listings are down 0% from a year ago, 27% of listings have had a price cut. A household needs about $32,949 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,099. In the latest IRS figures, 34 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$151,995
Change in 1 year
+0.1%
Overvalued %
−3.0%
Show 6 more
Fair home value
$156,644
Change in 5 years
+18.3%
Home value to income
2.3×
Monthly mortgage payment (20% down)
$824
Income needed to afford it
$32,949
Property tax rate
1.42%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
0.0%
Days on market
127
Listings with a price cut
26.7%
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Homes for sale
11
Pending sales per 100 listings
18
Asking price per sq ft
$160
People and jobs
Median household income
$67,099
Population change (1 year)
−1.0%
Unemployment rate
3.6%
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Population
4,404
Income adjusted for cost of living
$77,751
Net moves in (IRS)
−34
Cost of living (US = 100)
86.3
Schools, risk and environment
School rating (1 to 10)
5.4
FEMA hazard risk score (0 to 100)
27.8
Flood risk score
16.3
Show 3 more
Wildfire risk score
63.9
Walkability (1 to 20)
6.0
Road, rail and air noise
51 dB
Questions people ask
Is Morrill County, NE overvalued?
Home prices in Morrill County, NE are slightly below what local incomes have historically supported: fair value is about $156,644, so the area is 3.0% undervalued.
Is Morrill County, NE a buyer's or seller's market?
Morrill County, NE is a buyer's market: homes take about 127 days to sell, listings are down 0% from a year ago, 27% of listings have had a price cut.
Are home prices going down in Morrill County, NE?
Home values in Morrill County, NE are up 0.1% over the last year.
How much do you need to earn to buy a home in Morrill County, NE?
A household needs about $32,949 a year to afford the typical home in Morrill County, NE at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,099.