Farwell, TX Foreclosures
How much do homes sell for in Farwell, TX?
The average home price is currently $189,967.
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 $2,267,538.
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 charming small town located in the northwestern part of the state. With its close-knit community, Farwell offers a peaceful rural lifestyle with easy access to larger cities. Residents enjoy a mix of small-town hospitality and a variety of outdoor activities, making it a great place for families and individuals alike.
Current Market Conditions in Farwell, TX
The real estate market in Farwell is relatively stable, characterized by affordable home prices compared to larger cities. Over the past year, the housing market has witnessed a steady interest from both first-time buyers and investors looking for rental properties, particularly in small towns.
While it might not see rapid increases in home values as urban areas do, Farwell's consistent demand for housing indicates a favorable investment climate. As remote work becomes more prevalent, many are seeking homes in quieter areas like Farwell, contributing to modest growth.
Home Value Estimator For Farwell, TX
There are currently 662 real estate properties
in Farwell, TX,
with a median automated valuation model (AVM) price
of $142,624.00. 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 $189,967.00, with the most expensive house
in Farwell, TX, topping out
at $2,267,538.00 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.
Learn more on Foreclosure homes
