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Foreclosure Homes in Farwell, MN

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Farwell, MN Foreclosures

How much do homes sell for in Farwell, MN?
The average home price is currently $442,720.
In Farwell, MN, how many homes are available?
There are currently 1 active home listings available in Farwell.
What’s the average rental cost in Farwell, MN?
The average rental price in Farwell is $1,516.
What is the most expensive home in Farwell?
The most expensive home sold in Farwell had a price of $2,629,237.
What is currently the cheapest priced home in Farwell, MN?
The cheapest home for sale in Farwell is priced at $45,662.

Living in Farwell, MN

Farwell, Minnesota, is a charming small town known for its tranquil atmosphere and friendly community. Nestled in the beautiful landscapes of Douglas County, it offers a variety of outdoor activities and proximity to the scenic Lake Reno. Residents enjoy a peaceful lifestyle while being close to larger cities for additional amenities.

Current Market Conditions in Farwell, MN

The real estate market in Farwell has shown steady growth over the past few years, with a gradual increase in home prices as more people seek the tranquility of small-town living. The average home price has been on the rise due to increased demand, with buyers attracted to the area’s scenic beauty and community-focused lifestyle.

Home Value Estimator For Farwell, MN

There are currently 453 real estate properties in Farwell, MN, with a median automated valuation model (AVM) price of $396,225.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Farwell, MN, 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 Farwell, MN, is $442,720.00, with the most expensive house in Farwell, MN, topping out at $2,629,237.00 and the cheapest home in Farwell, MN, clocking in at $45,662.00. In other words, there’s something for every potential homebuyer or savvy investor in Farwell, MN!

Rent Prices In Farwell, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farwell, MN, is on a rollercoaster ride. The average rent price in Farwell, MN, is $1,516.00. Indeed, when looking to rent in Farwell, MN, you can expect to pay as little as $590.00 or as much as $2,520.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Farwell, MN -- 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.

Farwell, MN Foreclosures

Market Trend for Farwell, MN

Total Listings Available: 1

Market Values:

Home Prices from $45,662 to $2,629,237

Average Sales Price: $442,720

Rental Values:

Rental from $590 to $2,520

Average Rent Value: $1,516 / month

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