Farwell Housing Information - Census

IndexFarwellMichiganNational
Median home price$63,800$120,200$175,700
Median rent asked$540$780$920
Avg. people per household2.02.52.6
Owner occupied households68.9%71.5%64.4%
Renter occupied households31.1%28.5%35.6%

Farwell Housing Information - Zillow

IndexFarwellMichiganNational
Zillow home value indexn/a$126,100$188,100
Year over year appreciation raten/a5.88%5.14%
5 year average appreciation raten/a6.88%4.12%
10 year average appreciation raten/a-1.03%-0.33%

Did you know?

  • The median home price in Farwell is 64% lower than the national average.
  • The median rent asked in Farwell is 41% lower than the national average.
  • The average number of people per household in Farwell is 24% lower than the national average.
  • The number of owner occupied households in Farwell is 7% higher than the national average.
  • The number of renter occupied households in Farwell is 13% lower than the national average.

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Compare Farwell, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Weidman, MI1,015$45,00074%
Barryton, MI392$54,50069%
Coleman, MI1,162$64,90063%
Harrison, MI2,128$76,90056%
Beal City, MI420$78,80055%
Farwell, MI733$63,80064%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Cresson, TX733$95,50046%
Gainesville, MO733$82,30053%
Alakanuk, AK733$103,90041%
La Crosse, VA733$89,60049%
Raymond, IL732$78,70055%
Farwell, MI733$63,80064%
Source: The Farwell, MI housing data displayed above is derived from the United States Census Bureau and Zillow data.