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Sarah Mitchell

CNESRESABR

Compass Real Estate · Farnam, NE

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Farnam, NE(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Farnam, NE Housing Market & Real Estate

Seller's market

Housing market overview · Updated monthly ·

$125,000median sale price

How is the Farnam, NE housing market right now?

The median home sale price in Farnam, NE is $125,000. Homes sell in an average of 88 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Farnam a buyer's or seller's market?

Seller's market3.0 months of supply88 avg. days on market

Farnam, NE is currently a seller's market, based on 3.0 months of supply and homes selling in about 88 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

88

Average pace

Active listings

3

3.0 months supply

Sale-to-list

108.7%

Above asking

What does the Farnam housing market data show?

Current housing market statistics for Farnam, NE
MetricValue
Median sale price$125,000
Average days on market88 days
Active inventory3 listings
Months of supply3.0 months
Sale-to-list price ratio108.7%
Median price per sq ft$62/sq ft
Homes sold (latest month)1
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Farnam by property type?

How the Farnam, NE market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Farnam, NE
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$125,000$62/sq ft188 days

Source: Redfin · Updated monthly

The Farnam housing market is currently classified as a seller's market with a median sale price of $125,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 88 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.1x provides context for how home values compare to local earning capacity.

Homes for sale in Farnam

There are currently 3 homes listed for sale in Farnam, Nebraska.

Active listings

3

Homes on market

Avg. days on market

88

Days until sale

Sale-to-list:108.7%

Who lives in Farnam?

Population

169

Median income

$46,500/yr

Median age

36.8 years

Owner-occupied

72.4%

College grads

24.1%

Avg commute

31 min

Source: U.S. Census Bureau ACS

What are homes worth in Farnam?

Zillow home value

$192,040

Price-to-income

4.1x

Source: Zillow Research

What is it like to live in Farnam?

Farnam is a community of approximately 0K residents with a median age of 36.8 years.The median household income is $46,500, which represents a working-class community with solid middle-income opportunities. 24.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 72.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 31 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Farnam offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Farnam, NE?

Want a head-to-head view? Compare Farnam side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Farnam?

The median home sale price in Farnam is $125,000, down 0.0% from last year.

How long do homes stay on market in Farnam?

Homes typically spend 88 days on market before going under contract.

What is the median income in Farnam?

The median household income is $46,500 per year.

Is Farnam a buyer's or seller's market?

With 3.0 months of supply, Farnam is currently a seller's market.

What is the Zillow home value estimate for Farnam?

The Zillow Home Value Index (ZHVI) for Farnam is $192,040, representing the typical home value in the area.

How much does a single-family home cost in Farnam?

The median single-family home price in Farnam, NE is $125,000 (about $62 per square foot).

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