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Farwell 68838

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Nebraska
$84K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
-39.3%
1-yr changeHow much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.
5
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$175K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Oct 2025 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
2017201920202021202220242025
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
2017201920202021202220242025
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
2017201920202021202220242025
Sale premium vs estimated valueHow sale prices compare with our estimated values at the time of sale. Above the dashed line, homes sold for more than the models expected — a sign of competitive bidding. Below it, buyers paid under model value.Premium
2017201920202021202220242025
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
2017201920202021202220242025
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
2017201920202021202220242025
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
2017201920202021202220242025
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
2017201920202021202220242025
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
2017201920202021202220242025
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
2017201920202021202220242025

Housing Stock

HomesHow many homes we have records for in this area.145
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$175K
Median sizeThe middle home size here, measured in square feet.1,378 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1922
Single familyThe share of homes here that are single-family houses.52%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.60%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.13%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.64%
Company ownedThe share of homes owned by a company or trust instead of a person.9.7%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.28%
Typical ownership tenureHow long the typical owner here has held their home.11.1 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.160
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.26

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.86%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.401
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.8 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$54K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$73K
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.26 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.66%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How Farwell 68838 compares

By median home value, Farwell 68838 is the 5th most expensive of 6 ZIP codes in Howard County, and its typical home is worth more than 35% of all homes in Howard County.

Home values in Farwell 68838

Share of homes at each estimated value.

Median
$56K$534K
ZIP codes in Howard County ranked by median home value
#Howard CountyMedian valueHomes
1Saint Libory 68872$304K396
2Dannebrog 68831$246K407
3Saint Paul 68873$217K1,440
4Boelus 68820$186K210
5Farwell 68838$175K145
6Elba 68835$147K250

About the Farwell 68838 market

What is the median home price in Farwell 68838, NE?

The median sale price in Farwell 68838, NE is $83,744 (data through October 2025), based on deeds recorded with the county. That is down 39.3% from a year earlier.

How many homes sell in Farwell 68838, NE each year?

5 homes sold in Farwell 68838, NE over the last 12 months (data through October 2025). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Farwell 68838, NE?

Farwell 68838, NE contains 145 residential properties, with a median of 1,378 square feet, 3 bedrooms, built around 1922. The median TopHap Estimate is $175K.

How does Farwell 68838, NE compare to the rest of Howard County?

By median home value, Farwell 68838, NE is the 5th most expensive of 6 ZIP codes in Howard County. Its typical home is worth more than 35% of all homes in Howard County. Boelus 68820 ranks just above it and Elba 68835 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Farwell 68838, NE?

64% of homes in Farwell 68838, NE are owner-occupied. 10% are held by a company rather than an individual.

How much equity do owners in Farwell 68838, NE hold?

60% of mortgaged homes in Farwell 68838, NE are equity-rich, meaning the loan balance is under half the home's value. 12.6% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Farwell 68838 on the map

See every recorded sale, price heat map, school zone and flood overlay across Farwell 68838in TopHap’s interactive 3D map.

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