Farnam, NE is a great place to live and is known for its affordable housing market. According to recent statistics, the median value of a house in Farnam is $138,800 which is substantially lower than the national median value of $338,100. In the last year, houses in Farnam appreciated by 10.45%, which was higher than the national average of 8.27%. This makes it an attractive option for potential homeowners looking for an affordable and appreciating property.
The median home cost in Farnam is $138,800. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Farnam is up 15.2%.
Average Age of Homes
- The median age of Farnam real estate is 72 years old
The Rental Market in Farnam
- Renters make up 20.8% of the Farnam population
- 0.0% of houses and apartments in Farnam, 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.