Farnam, NE Foreclosures
How much do homes sell for in Farnam, NE?
The average home price is currently $264,541.
In Farnam, NE, how many homes are available?
There are currently 14 active home listings available in Farnam.
What’s the average rental cost in Farnam, NE?
The average rental price in Farnam is $850.
What is the most expensive home in Farnam?
The most expensive home sold in Farnam had a price of $1,752,957.
What is currently the cheapest priced home in Farnam, NE?
The cheapest home for sale in Farnam is priced at $11,949.
Living in Farnam, NE
Farnam, Nebraska, is a quaint rural town with a strong sense of community. It offers a peaceful lifestyle amidst beautiful landscapes, with plenty of outdoor activities. The town is well-connected, making it easy for residents to explore surrounding areas.
Current Market Conditions in Farnam, NE
The real estate market in Farnam is stable, with modest growth in property values, making it an attractive destination for both home buyers and investors. The area is known for affordable housing options, and there is a steady demand for homes, especially among families seeking a tranquil lifestyle.
As more people seek to escape urban environments for quieter towns, Farnam is experiencing an influx of interest, with homes selling relatively quickly compared to previous years.
Home Value Estimator For Farnam, NE
There are currently 190 real estate properties
in Farnam, NE,
with a median automated valuation model (AVM) price
of $170,155.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Farnam, NE, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Farnam, NE,
is $264,541.00, with the most expensive house
in Farnam, NE, topping out
at $1,752,957.00 and the cheapest home
in Farnam, NE,
clocking in at $11,949.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Farnam, NE!
Rent Prices
In Farnam, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Farnam, NE, is on
a rollercoaster ride. The
average rent price in Farnam, NE,
is $850.00. Indeed, when looking to rent in
Farnam, NE, you can expect to pay as little
as $590.00 or as much
as $1,500.00,
with the average rent median estimated to
be $750.00. The good news is that finding
an affordable and desirable property to rent in Farnam, NE
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
