Market Overview
Home Prices in Morrill, ME
The median home value in Morrill, ME is $323,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.2% compared to a year ago and up 6.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Morrill are priced21% below average.
Price History
Morrill Home Price Trend
2024
$306,107
$306K
—
2025
$326,923
$327K
+6.8%
2026
$323,099
$323K
-1.2%
City Comparison
Morrill vs. National Median
🏠 Morrill
$323,099
National Median
$410,000
At $323,099, homes in Morrill cost 21% below the national median of $410,000. This makes Morrill a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Morrill?
20% Down Payment
$64,620
on $323,099
Monthly P&I
$1,685/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,140/mo
incl. taxes & insurance
Income Needed
$85,600
gross annual (30% rule)
10% Down Option
$32,310
+ PMI applies
Loan Amount (20% dn)
$258,479
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Morrill, ME?
The median home value in Morrill is $323,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.2% year-over-year.
How much have home prices changed in Morrill?
Over the past year, home values in Morrill have decreased by 1.2%.
How much do I need to earn to buy a home in Morrill?
To comfortably afford the median home price of $323,099 with a 20% down payment ($64,620) at today's rates (6.8%), you'd need a gross annual income of approximately $85,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Morrill compare to the national average home price?
The national median home value is approximately $410,000. At $323,099, homes in Morrill are 21% below the national average.