Farwell, TX Foreclosures
How much do homes sell for in Farwell, TX?
The average home price is currently $174,156.
In Farwell, TX, how many homes are available?
There are currently 1 active home listings available in Farwell.
What’s the average rental cost in Farwell, TX?
The average rental price in Farwell is $935.
What is the most expensive home in Farwell?
The most expensive home sold in Farwell had a price of $2,029,320.
What is currently the cheapest priced home in Farwell, TX?
The cheapest home for sale in Farwell is priced at $24,535.
Living in Farwell, TX
Farwell, Texas is a peaceful small town located on the border of Texas and New Mexico. This community offers a quiet, family-friendly atmosphere with strong agricultural roots and plenty of outdoor activities. Residents enjoy the close-knit community, local amenities, and the stunning natural landscapes surrounding the town.
Current Market Conditions in Farwell, TX
The real estate market in Farwell is stable, with a steady demand for homes, primarily driven by local families and agricultural workers. The average home price remains affordable compared to larger urban areas, making it an attractive option for first-time homebuyers or those looking for investment opportunities in rural settings.
Over the last year, home sales have seen a modest increase, indicating a slow but steady growth in the area. The demand for rental properties has also risen due to a growing workforce in nearby agricultural sectors, indicating a healthy market for real estate investment.
Home Value Estimator For Farwell, TX
There are currently 611 real estate properties
in Farwell, TX,
with a median automated valuation model (AVM) price
of $129,599.00. 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, TX, 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, TX,
is $174,156.00, with the most expensive house
in Farwell, TX, topping out
at $2,029,320.00 and the cheapest home
in Farwell, TX,
clocking in at $24,535.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Farwell, TX!
Rent Prices
In Farwell, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Farwell, TX, is on
a rollercoaster ride. The
average rent price in Farwell, TX,
is $935.00. Indeed, when looking to rent in
Farwell, TX, you can expect to pay as little
as $570.00 or as much
as $1,820.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Farwell, TX
-- 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.
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