House Prices

House Prices & Home Values Farwell, MI 2026


Average Data

average house price$277,500
average size per house1975 ft²
average price per ft²141 $ / ft²

04/21/2026 - The value range (VR) for house prices in Farwell, MI is $141/ sqft to $141/ sqft. An average home with 1975 sqft costs approximately $278,475 to $278,475. Farwell, MI includes 1 ZIP codes and it is located in Clare county. The lowest prices are found in ZIP 48622, while the highest are in ZIP 48622. The average price per sqare feet is $141. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Farwell

48622155 $ / ft²




Historical development of home values in Farwell

Year Estimated value (USD) Change vs. 2025
2010 $128,876 -53.6%
2011 $123,892 -55.4%
2012 $123,559 -55.5%
2013 $128,177 -53.8%
2014 $134,551 -51.5%
2015 $141,456 -49.0%
2016 $148,838 -46.4%
2017 $156,872 -43.5%
2018 $165,545 -40.3%
2019 $173,221 -37.6%
2020 $182,175 -34.4%
2021 $207,205 -25.3%
2022 $241,554 -13.0%
2023 $254,730 -8.2%
2024 $269,467 -2.9%
2025 $277,500 0.0%

Graph: estimated home values in Farwell over time (USD)



Example: 100% financing house in Farwell

Loan amount: $277,500

Interest rate: 6.00%

Fixed monthly payment: $1,663.75

Breakdown in the 1st month:
Interest portion: $1,387.50  –  Principal portion: $276.25

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,557.30 $3,407.73 $274,092.27
2 $16,347.12 $3,617.91 $270,474.35
3 $16,123.97 $3,841.06 $266,633.29
4 $15,887.07 $4,077.97 $262,555.33
5 $15,635.55 $4,329.49 $258,225.84
6 $15,368.51 $4,596.52 $253,629.32
7 $15,085.01 $4,880.02 $248,749.30
8 $14,784.02 $5,181.01 $243,568.28
9 $14,464.47 $5,500.57 $238,067.72
10 $14,125.20 $5,839.83 $232,227.89
11 $13,765.02 $6,200.02 $226,027.87
12 $13,382.61 $6,582.42 $219,445.45
13 $12,976.62 $6,988.41 $212,457.04
14 $12,545.59 $7,419.44 $205,037.60
15 $12,087.98 $7,877.05 $197,160.54
16 $11,602.14 $8,362.89 $188,797.65
17 $11,086.33 $8,878.70 $179,918.95
18 $10,538.71 $9,426.32 $170,492.63
19 $9,957.32 $10,007.71 $160,484.92
20 $9,340.07 $10,624.97 $149,859.95
21 $8,684.74 $11,280.29 $138,579.66
22 $7,989.00 $11,976.04 $126,603.63
23 $7,250.34 $12,714.69 $113,888.93
24 $6,466.13 $13,498.91 $100,390.03
25 $5,633.54 $14,331.49 $86,058.54
26 $4,749.61 $15,215.42 $70,843.12
27 $3,811.16 $16,153.88 $54,689.24
28 $2,814.82 $17,150.21 $37,539.03
29 $1,757.03 $18,208.00 $19,331.03
30 $634.00 $19,331.03 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Farwell, MI


1500 sqft3900 sqft
Ø selling price$255,916$544,401
Ø fast selling$232,651$489,961
Ø high price sale$279,180$598,842

In 2026, houses in Farwell, MI will be offered at an average price of $141 per square foot. A 1,500 sqft home priced at $255,916 is 25.14% more expensive per square foot than a 3,900 sqft home priced at $544,401. Home prices in Farwell, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $376,894. Sellers who can wait longer may achieve a higher price of up to $460,648.

FAQ – Home Values in Farwell

What is the median home value in Farwell in 2026?

In 2026, the typical home value in Farwell is about $277,500 for an average home size of 1975 square feet. This corresponds to an average price of roughly $141 per square foot.

What is the average cost per square foot in Farwell?

In 2026, homes in Farwell sell for an average of around $141 per square foot, with a typical range between $141 and $141 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Farwell is about 1975 square feet, with an estimated 2026 value around $277,500.



Locations close to Farwell, MI

Freeland, MI65 $ / ft²
Gladwin, MI172 $ / ft²
Harrison, MI77 $ / ft²
Fairview, MI72 $ / ft²
Comins, MI209 $ / ft²
Coleman, MI106 $ / ft²
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