Market Overview
Home Prices in Morrill, NE
The median home value in Morrill, NE is $157,278 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6% compared to a year ago and up 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Morrill are priced62% below average. Morrill is part of the Scottsbluff, NE metro area.
Over the past five years, Morrill home values have risen by approximately39.4%, reflecting strong long-term appreciation in this market.
Price History
Morrill Home Price Trend
City Comparison
Morrill vs. National Median
At $157,278, homes in Morrill cost 62% 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
$31,456
on $157,278
Monthly P&I
$820/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,041/mo
incl. taxes & insurance
Income Needed
$41,640
gross annual (30% rule)
10% Down Option
$15,728
+ PMI applies
Loan Amount (20% dn)
$125,822
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, NE?
The median home value in Morrill is $157,278 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6% year-over-year.
How much have home prices changed in Morrill?
Over the past year, home values in Morrill have increased by 6%. Over five years, prices have risen approximately 39.4%.
How much do I need to earn to buy a home in Morrill?
To comfortably afford the median home price of $157,278 with a 20% down payment ($31,456) at today's rates (6.8%), you'd need a gross annual income of approximately $41,640. 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 $157,278, homes in Morrill are 62% below the national average.
What metro area is Morrill part of?
Morrill is part of the Scottsbluff, NE metropolitan area. Home prices and market conditions can vary across the broader metro region.