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Featured local agent — Mitchell, NE
Sarah Mitchell
Compass Real Estate · Mitchell, NE
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mitchell, NE Housing Market & Real Estate
Housing market overview · Updated monthly ·
$144,000median sale price
How is the Mitchell, NE housing market right now?
The median home sale price in Mitchell, NE is $144,000, down 15.8% year-over-year. Homes sell in an average of 7 days with 4 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Mitchell a buyer's or seller's market?
Mitchell, NE is currently a balanced market, based on 4.0 months of supply and homes selling in about 7 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
7
Fast-moving
Active listings
4
4.0 months supply
Sale-to-list
87.3%
Below asking
What does the Mitchell housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $144,000 |
| Median list price | $285,000 |
| Year-over-year price change | -15.8% |
| Average days on market | 7 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 87.3% |
| Median price per sq ft | $122/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Mitchell by property type?
How the Mitchell, NE market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $144,000 | $122/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The Mitchell housing market is currently classified as a balanced market with a median sale price of $144,000. Prices have fallen 15.8% compared to last year, with homes spending an average of 7 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.4x provides context for how home values compare to local earning capacity.
Homes for sale in Mitchell
There are currently 4 homes listed for sale in Mitchell, Nebraska. The median listing price is $285K.
Active listings
4
Homes on market
Median list price
$285K
Avg. days on market
7
Days until sale
New this week
1
Newly listed
Who lives in Mitchell?
Population
1,804
Median income
$50,250/yr
Median age
42.2 years
Owner-occupied
73.5%
College grads
13.2%
Avg commute
19.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Mitchell?
Zillow home value
$221,449
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in Mitchell?
Mitchell is a community of approximately 2K residents with a median age of 42.2 years.The median household income is $50,250, which represents a working-class community with solid middle-income opportunities. 13.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 73.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mitchell offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Mitchell?
3 schools tracked · 604 students
The largest public schools serving Mitchell, NE by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MITCHELL ELEMENTARY SCHOOL
Grades PK-6 · 346 students
MITCHELL SECONDARY SCHOOL
Grades 7-12 · 257 students
TIGER CUB PRESCHOOL
Grades PK · 1 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Mitchell, NE?
Want a head-to-head view? Compare Mitchell side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Mitchell?
The median home sale price in Mitchell is $144,000, down 15.8% from last year.
How long do homes stay on market in Mitchell?
Homes typically spend 7 days on market before going under contract.
What is the median income in Mitchell?
The median household income is $50,250 per year.
Is Mitchell a buyer's or seller's market?
With 4.0 months of supply, Mitchell is currently a balanced market.
What is the Zillow home value estimate for Mitchell?
The Zillow Home Value Index (ZHVI) for Mitchell is $221,449, representing the typical home value in the area.
How much does a single-family home cost in Mitchell?
The median single-family home price in Mitchell, NE is $144,000 (about $122 per square foot).
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