Farwell, MN is a small town with a population of 6,636 people and it offers an affordable housing market. The median value of homes in this area is $125,300, which is lower than the US median of $338,100. In the last year, home values in Farwell have appreciated by 7.75%, which is slightly lower than the national average of 8.27%. With its more competitive prices and steady appreciation rate, Farwell provides a great opportunity for those looking to purchase a home.
The median home cost in Farwell is $125,300. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Farwell is up 13.6%.
Average Age of Homes
- The median age of Farwell real estate is 78 years old
The Rental Market in Farwell
- Renters make up 3.0% of the Farwell population
- 0.0% of houses and apartments in Farwell, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.