Morrill, NE 69358 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Morrill, NE—69358

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$187,000

6.0% YoY Growth

Household Income

$51,500

19.2% YoY Growth

Days on Market

24.0% Shorter YoY

Home Price Forecast

2.4%

Median Rent

$825

25.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$825

N/A

3-Bed Rent

N/A

Home Price Trends — Morrill, NE

As of Dec '25, the median home price in Morrill, NE is $187,000, with a year-over-year change of 6.0%. This indicates that home prices in Morrill, NE are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$187,000	6.0%
Single Family	$187,000	5.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Morrill, NE

As of July '25, Rentcast reports the average rent in Morrill, NE is $825, with a year-over-year rent change of -25.0%. Per bedroom, the median rent as of July '25 in Morrill, NE is 2-bedrooms: $825. The most common rental property sizes in Morrill, NE are 2-bedroom and 3-bedroom, accounting for 33.1% and 24.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$825	$825
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$825	$825
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

22.3%

2 Bedrooms

33.1%

3 Bedrooms

24.0%

4 Bedrooms

19.0%

5+ Bedrooms

1.7%

Property Listings — Morrill, NE

As of Dec '25, Realtor.com reports that the median days on market for a home in Morrill, NE is 73. This is a decrease of -47.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$150,000	-61.0%
Listing Count	10	29.0%
Listings as % of Homes	0.8%	29.0%
Days on Market	95	-24.0%

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Demographics — Morrill, NE

As of the latest ACS Survey released in 2023, Morrill, NE has a population of 1,980, which has increased by 7.3% over the past 5 years. Morrill, NE is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,980	7.3%
% Under 18	21.7%	7.4%
% Seniors	19.2%	35.2%
% WFH	12.9%	76.7%
% w/ College Degree	18.9%	4.4%

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As of the latest ACS Survey released in 2023, Morrill, NE is a predominantly white area, with 83.5% of the population identifying as white. The white population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Morrill, NE is hispanic, making up 11.2% of the population. Foreign-born residents account for 1.5% of the population in Morrill, NE, and this percentage has increased by 15.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	83.5%	2.3%
% Black	0.1%	-87.5%
% Hispanic	11.2%	-30.4%
% Asian	0.0%	-100.0%
% Foreign Born	1.5%	15.4%

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Mortgage and Risk — Morrill, NE

According to HUD data as of 2023, there were 12 mortgage originations in Morrill, NE, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Morrill, NE. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	12
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	17.0%

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Rentals and Section 8 — Morrill, NE

Morrill, NE lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	24
Total Units Section 8	1
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$730
2 Bedroom	$85	$825	$910
3 Bedroom	N/A	N/A	$1,240
4 Bedroom	N/A	N/A	$1,300

Morrill, NE—69358

Key Metrics at a Glance

Home Price Trends — Morrill, NE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Morrill, NE

% of Rental Stock

Property Listings — Morrill, NE

Demographics — Morrill, NE

Race and Ethnicity

Mortgage and Risk — Morrill, NE

Mortgages

Rentals and Section 8 — Morrill, NE

Section 8 Market Size

Section 8 Opportunity

Affordability — Morrill, NE

Home Price to Income Ratio

Morrill, NE — ZIP Code Boundary Map

Nearby ZIP Codes

Mitchell, NE

Lyman, NE

Scottsbluff, NE

Gering, NE

Melbeta

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$187,000
Median Household Income	$51,500

Morrill, NE—69358

Key Metrics at a Glance

Home Price Trends — Morrill, NE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Morrill, NE

% of Rental Stock

Property Listings — Morrill, NE

Demographics — Morrill, NE

Race and Ethnicity

Mortgage and Risk — Morrill, NE

Mortgages

Rentals and Section 8 — Morrill, NE

Section 8 Market Size

Section 8 Opportunity

Affordability — Morrill, NE

Home Price to Income Ratio

Morrill, NE — ZIP Code Boundary Map

Nearby ZIP Codes

Mitchell, NE

Lyman, NE

Scottsbluff, NE

Gering, NE

Melbeta

Frequently Asked Questions

What is the average home price in Morrill, NE 69358?

How have home prices in Morrill, NE 69358 changed over the past year?

What is the home price projection for Morrill, NE 69358?

What are the demographics of Morrill, NE 69358?

How long does it take homes to sell in Morrill, NE 69358?

What is the average rent price in Morrill, NE 69358?