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Morrill, Nebraska Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
2
Median Price
$143K
Market Condition
Seller's Market

Morrill, Nebraska Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$143K
Avg Price/Acre
$9K
Avg Days on Market
177
Months of Supply
3.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres-122
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0122
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
10-20 acres2 sold / 0 listed
20-50 acres0 sold / 1 listed

Median Price by Acreage

$0$71K$143K
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$285K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
177
Time to sell
Price Trend (YoY)
-
Year over year

Morrill, Nebraska Land Market Analysis

How much is land worth in Morrill, Nebraska?

The median price for land in Morrill, Nebraska is currently $9K per acre. For a typical parcel, the median sale price is $143K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $85K while premium lots reached $201K.

Is now a good time to buy land in Morrill, Nebraska?

Morrill, Nebraska is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.

What is the months of supply for land in Morrill, Nebraska?

Morrill, Nebraska currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the total land for sale in Morrill, Nebraska?

There are currently 1 active listings in Morrill, Nebraska. The median asking price is $250K.

What is the average price per acre in Morrill, Nebraska?

Land in Morrill, Nebraska averages $9K per acre. The median price per acre is $9K, which may be more representative of typical transactions. Most parcels sold are around 14.6 acres.

Is now a good time to invest in land in Morrill, Nebraska?

The current absorption rate in Morrill, Nebraska is 33.3% (3-month basis), indicating strong demand.

What is the total amount sold in Morrill, Nebraska last year?

Over the past 12 months, Morrill, Nebraska saw 2 properties sold, totaling $285K in sales volume. In just the last 3 months, 1 properties changed hands.

Data Sources & Accuracy

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.

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