Farwell Real Estate Market Conditions

  • Median sales price

    $417,900
    6.96% change since last quarter
  • # Active listings

    7
    30-day change

Farwell Schools and Demographics

Education near Farwell, MN

City County
High School Graduates 90.32 93.71
College Degree - 2 year 9.68 16.34
College Degree - 4 year 12.9 22.17
Graduate Degree 6.45 4.94
Expenditures per Student 12,775 13,215
Students per Teacher 14.6 15.5

Elementary Schools near Farwell, MN

Grades Students P/T Ratio ZIP
Early Education Center PK - PK 103 9.4 56308
Glacial Hills Elementary School KG - 06 125 9.8 56381
Lincoln Elementary School KG - 05 483 18 56308
Voyager Elementary School KG - 05 472 15.5 56308
West Central Area S. El. PK - 04 159 12 56343
Woodland Elementary School KG - 05 433 13.8 56308

Middle Schools near Farwell, MN

Grades Students P/T Ratio ZIP
Discovery Middle School 06 - 08 894 17.4 56308

High Schools near Farwell, MN

Grades Students P/T Ratio ZIP
Alexandria Area High School 09 - 12 1,229 17.3 56308

Ungraded Schools near Farwell, MN

Grades Students P/T Ratio ZIP
* Runestone Regional Learning Center 07 - 12 84 17.6 56308
Minnewaska Day Treatment Program KG - 12 66 6.3 56381
Minnewaska Early Childhood Sp.Ed. PK - PK 32 16 56381

Demographics near Farwell, MN

City County
Neighborhood Type Rural
Population 35 10,932
Population Density 137 16
Median Age 62.5 45.9
People per Household 2.2 2.2
Median Household Income 37,500 58,198
Average Income per Capita 22,857 32,454

Farwell Real Estate

The median home value in Farwell, MN is $417,900. This is higher than the county median home value of $197,700. The national median home value is $219,700. The average price of homes sold in Farwell, MN is $417,900. Approximately 78.95% of Farwell homes are owned, compared to 5.26% rented, while 15.79% are vacant. Farwell real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Farwell real estate agent to arrange a tour today!

Farwell, Minnesota has a population of 35. Farwell is more family-centric than the surrounding county with 27.27% of the households containing married families with children. The county average for households married with children is 27.18%.

The median household income in Farwell, Minnesota is $37,500. The median household income for the surrounding county is $58,198 compared to the national median of $57,652. The median age of people living in Farwell is 62.5 years.

Farwell Weather

The average high temperature in July is 83 degrees, with an average low temperature in January of 1.5 degrees. The average rainfall is approximately 27.4 inches per year, with 42.2 inches of snow per year.