Farwell, NE housing market
The typical Farwell home is worth about $297,000, up 6.4% in a year, 6% above the Nebraska typical home.
Home values, sales, trends and how Farwell compares with the towns next door — updated as new data is published.
Farwell at a glance
Typical home value, 2019–2026
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| January | Farwell | Nebraska |
|---|---|---|
| 2020 | $185,000 | $187,000 |
| 2021 | $211,000 | $205,000 |
| 2022 | $214,000 | $227,000 |
| 2023 | $231,000 | $248,000 |
| 2024 | $250,000 | $259,000 |
| 2025 | $285,000 | $270,000 |
| 2026 | $286,000 | $278,000 |
| August 2026 | $297,000 | $281,000 |
No new homes permitted in 2025
No permits for new homes were issued in Farwell in 2025 or in any year since 2013.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
Farwell's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
A two-bedroom rents for about $1,020
HUD's Fair Market Rent for a two-bedroom in Farwell is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $730 · 4 bedrooms $1,410
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (68838; Howard County, NE HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.