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Foreclosure Homes in Farnam, NE

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Farnam, NE Foreclosures

How much do homes sell for in Farnam, NE?
The average home price is currently $212,192.
In Farnam, NE, how many homes are available?
There are currently 15 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 $1,809,981.
What is currently the cheapest priced home in Farnam, NE?
The cheapest home for sale in Farnam is priced at $12,031.

Living in Farnam, NE

Farnam, Nebraska, is a quaint village known for its charming rural atmosphere and community spirit. With beautiful landscapes and a close-knit community, it offers a peaceful lifestyle while providing access to necessary amenities.

Current Market Conditions in Farnam, NE

The real estate market in Farnam is relatively stable, with a focus on affordable housing options. Given its small population, inventory can be limited, but properties typically offer good value for the price, appealing to both first-time buyers and those seeking a quiet retreat.

Recent trends indicate slight increases in home sales, with buyers drawn to Farnam for its rural charm and affordability compared to nearby urban centers. The market is considered a buyer's market where motivated sellers are accommodating to fair offers.

Home Value Estimator For Farnam, NE

There are currently 158 real estate properties in Farnam, NE, with a median automated valuation model (AVM) price of $125,440.00. 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 $212,192.00, with the most expensive house in Farnam, NE, topping out at $1,809,981.00 and the cheapest home in Farnam, NE, clocking in at $12,031.00. 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.

Farnam, NE Foreclosures


Market Trend for Farnam, NE

Total Listings Available: 15

Market Values:

Home Prices from $12,031 to $1,809,981

Average Sales Price: $212,192

Rental Values:

Rental from $590 to $1,500

Average Rent Value: $850 / month

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