Farwell, NE Real Estate
According to census data in the year 2000 there were 72 housing units in Farwell.
This represents a 10.8% growth from 65 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 72 were located in what is classified as a rural area.
Homeownership rate in Farwell is about 91.9%.
Farwell's vacancy rate, including seasonal lodging, is about 13.9%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Farwell were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.60% |
| Two Bedrooms | 33.30% |
| Three Bedrooms | 30.60% |
| Four Bedrooms | 25% |
| Five Bedrooms or more | 5.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $37,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.4 |
| Median year structure was built | 1962 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 41.80% |
| Debt Free | 50.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.7% |
