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As-is Deals 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 $211,662.
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 $12,010.

Living in Farnam, NE

Farnam is a small and charming village located in Dawson County, Nebraska. Known for its friendly community and scenic landscape, Farnam offers a peaceful rural lifestyle. Residents enjoy close-knit connections, local activities, and accessibility to larger towns for additional amenities.

Current Market Conditions in Farnam, NE

The real estate market in Farnam has been experiencing a stable trend with a modest appreciation in property values over the past year. The small size of the village keeps the market relatively predictable, and homes are often bought quickly when listed due to low inventory and the attractive pricing for first-time buyers or retirees looking for a peaceful retreat.

Investors may find Farnam appealing as property prices remain lower compared to urban areas, making it an excellent opportunity for rental properties or vacation homes. The demand for housing continues to remain steady primarily because of the area's tranquil lifestyle and agricultural benefits.

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 $126,219.00. 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 $211,662.00, 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 $12,010.00. 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 As-is Deals


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