Home prices
The price of the median home in Farwell is $74,700. Compared to its surrounding areas this is roughly $17,600 (19%) lower.Compared to the US as a whole it is approximately $142,800 (65%) lower, and compared to the city of Grand Rapids it is roughly $68,700 (47%) lower.
Rents
In Farwell the median monthly rent is $620. This is roughly $67 (12%) higher compared to nearby areas.It is approximately $442 (41%) lower in comparison to the country as a whole, and in comparison to the city of Grand Rapids it is roughly $305 (32%) lower.
Nearby places
Clare
Clare is approximately 4 miles east from Farwell. Its real estate prices are a lot more expensive. Clare's median home cost is $112,700, which is $38,000 (33%) higher than Farwell. Rent there is similar. Clare's median rent is $634 per month, which comes out to $14 (2%) higher than Farwell.
Rosebush
Rosebush is approximately 9 miles southeast of Farwell. The real estate prices there are a little more expensive. Rosebush's median home cost is $93,900, which is $19,200 (20%) higher than Farwell. Rent there is substantially less expensive. The median monthly rent in Rosebush is $450, which comes out to $170 (37%) lower than Farwell.
Weidman
Weidman is roughly 9 miles southwest of Farwell. Housing prices there are somewhat more expensive. The median home in Weidman is valued at $102,800, which comes out to $28,100 (27%) higher than Farwell. Rents there are similar. The median monthly rent in Weidman is $599, which is $21 (3%) lower than Farwell.
Harrison
Harrison is roughly 11 miles north of Farwell. Its housing prices are a bit more expensive. The median home value in Harrison is $81,300, which is $6,600 (8%) higher than Farwell. The rent there is substantially less expensive. Harrison's median rent is $459 a month, which is $161 (35%) lower than Farwell.
Coleman
Coleman is about 12 miles southeast from Farwell. Its real estate prices are somewhat less expensive. Coleman's median home cost is $70,800, which works out to $3,900 (5%) lower than Farwell. Its rents are fairly similar. The median rent in Coleman is $622 per month, which is very similar to Farwell.