Home prices
The cost of the median home in Farnam is $61,300. In comparison to its nearby areas this is approximately $31,440 (33%) lower.In comparison to the country as a whole it is about $156,200 (71%) lower, and it is about $117,600 (65%) lower compared to the city of Kearney.
Rents
In Farnam the median rent is $419 a month. It is about $209 (33%) lower compared to its nearby areas.Compared to the rest of the country it is approximately $643 (60%) lower, and compared to the city of Kearney it is roughly $348 (45%) lower.
Nearby places
Eustis
Eustis is about 8 miles east from Farnam. Real estate prices there are significantly more expensive. The median home in Eustis costs $94,100, which is $32,800 (34%) higher than Farnam. Rent there is substantially more expensive. In Eustis the median monthly rent is $725, which comes out to $306 (42%) higher than Farnam.
Curtis
Curtis is about 14 miles west from Farnam. Real estate prices there are a bit more expensive. The cost of the median home in Curtis is $83,600, which works out to $22,300 (26%) higher than Farnam. Rent there is fairly similar. The median rent in Curtis is $419 a month, which is very similar to Farnam.
Cozad
Cozad is about 14 miles northeast of Farnam. The real estate prices there are a little more expensive. The value of the median home in Cozad is $87,000, which is $25,700 (29%) higher than Farnam. The rent there is a lot more expensive. In Cozad the median rent is $675 per month, which works out to $256 (37%) higher than Farnam.
Gothenburg
Gothenburg is roughly 14 miles north from Farnam. Housing prices there are a lot more expensive. The cost of the median home in Gothenburg is $103,400, which comes out to $42,100 (40%) higher than Farnam. Its rents are substantially more expensive. The median rent in Gothenburg is $683 per month, which comes out to $264 (38%) higher than Farnam.
Elwood
Elwood is approximately 17 miles southeast of Farnam. Housing prices there are a lot more expensive. The median home in Elwood is valued at $95,600, which comes out to $34,300 (35%) higher than Farnam. Its rents are substantially more expensive. The median monthly rent in Elwood is $639, which is $220 (34%) higher than Farnam.