Home prices
The median home cost in Farwell is $103,600. It is approximately $18,240 (21%) higher compared to other places in this area.It is about $113,900 (52%) lower compared to the country as a whole, and in comparison to the city of Clovis it is approximately $22,000 (17%) lower.
Rents
Farwell's median monthly rent is $678. Compared to the surrounding areas it is about $55 (7%) lower.It is approximately $384 (36%) lower in comparison to the rest of the country, and is about $144 (17%) lower in comparison to the city of Clovis.
Nearby places
Texico
Texico is Farwell's neighbor to the northwest. The real estate prices there are somewhat less expensive. Texico's median home value is $87,200, which is $16,400 (18%) lower than Farwell. Rent there is a bit more expensive. The median rent in Texico is $798 per month, which is $120 (15%) higher than Farwell.
Bovina
Bovina is approximately 12 miles northeast from Farwell. Its real estate prices are a lot less expensive. The median home in Bovina is valued at $77,900, which works out to $25,700 (32%) lower than Farwell. Its rents are pretty similar. Bovina's median monthly rent is $666, which comes out to $12 (1%) lower than Farwell.
Muleshoe
Muleshoe is approximately 19 miles southeast from Farwell. Real estate prices there are substantially less expensive. The median home price in Muleshoe is $67,000, which comes out to $36,600 (54%) lower than Farwell. The rent there is fairly similar. The median rent in Muleshoe is $691 a month, which is $13 (1%) higher than Farwell.
Portales
Portales is approximately 22 miles southwest of Farwell. The real estate prices there are somewhat more expensive. The median home in Portales is valued at $116,200, which is $12,600 (10%) higher than Farwell. Its rents are a little more expensive. In Portales the median monthly rent is $776, which comes out to $98 (12%) higher than Farwell.
Friona
Friona is roughly 24 miles northeast from Farwell. Housing prices there are somewhat less expensive. The cost of the median home in Friona is $78,500, which comes out to $25,100 (31%) lower than Farwell. The rent there is somewhat more expensive. The median monthly rent in Friona is $733, which is $55 (7%) higher than Farwell.
