Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | 1 | 1 | 1 | 1 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 2 | 4 |
Acreage buckets
The median price for land in Mitchell, Nebraska is currently $74K per acre. For a typical parcel, the median sale price is $305K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $142K while premium lots reached $458K.
Mitchell, Nebraska is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Mitchell, Nebraska currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Mitchell, Nebraska averages $93K per acre. The median price per acre is $74K, which may be more representative of typical transactions. Most parcels sold are around 4.4 acres.
The median land price in Mitchell, Nebraska stands at $305K. This translates to roughly $74K per acre for the typical parcel size. The average price is $301K, showing a fairly consistent market.
The 3-month absorption rate in Mitchell, Nebraska is 6.7%. The 12-month rate is 6.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Mitchell, Nebraska is 6.7% (3-month basis), indicating slow demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
