The housing market in Farwell, NE (68838) is an attractive option for those looking to invest in real estate. Median house value in the area is $230,300, which is significantly lower than the national median of $338,100. Despite the low median price point, Farwell has seen a significant increase in appreciation over the last year at 18.33%, far above the national average of 8.27%. This uptick in appreciation makes Farwell an excellent investment opportunity and could provide great returns in coming years.
The median home cost in Farwell (zip 68838) is $230,300. Home appreciation the last 10 years has been 82.5%. Home Appreciation in Farwell (zip 68838) is up 14.5%.
Average Age of Homes
- The median age of Farwell (zip 68838) real estate is 78 years old
The Rental Market in Farwell (zip 68838)
- Renters make up 7.2% of the Farwell (zip 68838) population
- 0.0% of houses and apartments in Farwell (zip 68838), 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.