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Farwell, MI Housing Market

$197,101

Increase8.4% 1-yr

The average Farwell, MI home value is $197,101, up 8.4% over the past year. (Updated on )

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Farwell Key Takeaways

Typical Home Values: $197,101

1-Year Value Change: +8.4%

(Data through October 31, 2026)

Farwell Housing Market Overview

1-Year Market Forecast: --
For Sale Inventory: 39 ()
New Listings: 13 ()
Median Sale to List Ratio: --
Median Sale Price: --
Median List Price: $244,166 ()
Percent of Sales Over List Price: --
Percent of Sales Under List Price: --
Median Days to Pending: --
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
Helpful insights
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Farwell

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An equal housing lender. NMLS #10287.
Average Rent: --
National Average Rent: $1,913 ()
Month-Over-Month Change: --
Year-Over-Year Change: --
Helpful insights
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

Frequently Asked Questions

  • What are current home values in Farwell, MI?

    The median home value in Farwell, MI is $197,101 as of October 2026. This represents a 0.7% decrease compared to last month and a 8.4% increase year-over-year.

  • How have home values changed in Farwell, MI?

    Home values in Farwell, MI have decreased by 0.7% month-over-month and 8.4% year-over-year.

  • How do home values in Farwell, MI compare to Clare County, Michigan, and the national average?

    The median home value in Farwell, MI ($197,101) compares to: Clare County ($154,614), Michigan ($260,573), and the U.S. national median ($364,288).

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