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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 Type0%
One Bedroom5.60%
Two Bedrooms33.30%
Three Bedrooms30.60%
Four Bedrooms25%
Five Bedrooms or more5.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1939
Median Value of occupied units$37,800

Rented Homes, Apartments and Condos

Average Household Size3.4
Median year structure was built1962

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan7.30%
Simple Mortgage41.80%
Debt Free50.90%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12.7%