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Farnam, NE Real Estate


According to census data in the year 2000 there were 101 housing units in Farnam. This represents a 11.4% decline from 114 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 101 were located in what is classified as a rural area.

Homeownership rate in Farnam is about 86.7%. Farnam's vacancy rate, including seasonal lodging, is about 10.9%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Farnam were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom14.90%
Two Bedrooms32.70%
Three Bedrooms35.60%
Four Bedrooms9.90%
Five Bedrooms or more6.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1945
Median Value of occupied units$39,600
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1958
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.20%
Home Equity Loan0%
Simple Mortgage24.60%
Debt Free66.20%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%