Housing Prices in Farwell, MI
How much do homes in Farwell, MI cost?
Median List Price
$165,900
$118/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Farwell was $165,900 in April 2024, down 19% from the previous year, and the median price per square foot was $118.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $41.9K | N/A |
2 Bedrooms | $109.9K | $132.9K | +21.0% |
3 Bedrooms | $204.9K | $150.5K | -26.5% |
4 Bedrooms | $229.4K | $229.5K | 0.0% |
5+ Bedrooms | $450K | $4.6M | +922.2% |
Summary: Farwell housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21%, 3 bedroom homes decreased by 26.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 922.2%.
Median List Price Compared To Nearby Cities
Surrey Township | $99.9K | $130K | +30.1% |
Farwell | $204.9K | $165.9K | -19.0% |
Housing Supply in Farwell, MI
How many homes are available in Farwell, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 23 | +109.1% |
Summary: The Farwell real estate market had 23 homes for sale in April 2024, a 109.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 7 | +133.3% |
3 Bedrooms | 6 | 10 | +66.7% |
4 Bedrooms | 1 | 5 | +400.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Farwell housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 133.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 400%, and 5+ bedroom homes remained the same.
Days on Market for Farwell, MI
How long does it take to sell a home in Farwell, MI?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
114 Days | 44 Days | -61.4% |
Summary: Homes in Farwell had an average listing age of 44 days in Apr 2024, down by 61.4% compared to the previous year.