Is Farwell, MN 56327 a buyer’s or seller’s market?
Farwell is a seller’s market. With about 1.6 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.6Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market65Listing to accepted offer
Median price per sq ft$195▲ +0.4% vs. last year
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Nearby markets
Brooten 56316Balanced $107 /sq ftClontarf 56226 $100 /sq ftCyrus 56323Buyer’s market $106 /sq ftGlenwood 56334Seller’s market $191 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology