The Farwell housing market is somewhat competitive. The median sale price of a home in Farwell was $60K last month, up 27.7% since last year. The median sale price per square foot in Farwell is $76, up 83.1% since last year.
In October 2024, Farwell home prices were up 27.7% compared to last year, selling for a median price of $60K. On average, homes in Farwell sell after 26 days on the market compared to 14 days last year. There were 13 homes sold in October this year, down from 17 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$60,000
+27.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Farwell, MI
$60,000
+27.7%
United States
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How hot is the Farwell housing market?
Farwell is somewhat competitive. Homes sell in 34 days.
0
100
56
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 34 days.
Hot homes
can sell for around list price and go pending in around 12 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Farwell housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Farwell.
Flood Factor - Minor
45% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Farwell has a minor risk of flooding. 1,191 properties in Farwell are likely to be
severely affected
by flooding over the next 30 years. This represents 45% of all properties in Farwell. Flood risk is increasing slower than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
Farwell has a minor risk of wildfire. There are 133 properties in Farwell that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in Farwell.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Farwell has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Farwell is most at risk from severe storms. 3,855 properties in Farwell have some risk of being in a severe wind event within the next 30 years.