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Farwell, TX Housing

 
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As of 2010-2014, median price of a house in Farwell is $93,900, which is lower than the state average of $131,400 and is much lower than the national average of $175,700. The Farwell median house value has grown by 82.68% since 2000. The growth rate for the price of a house in Farwell is higher than the state average rate of 59.27% and is higher than the national average rate of 46.91%. The median year that a house in Farwell was built is 1962, which is older than the median year for a house built in the state which is 1984 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 532 Owner Occupied Houses in Farwell, TX, #619
Farwell, TX
93,900 USD
Texas
131,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #289
Farwell, TX
82.68%
Texas
59.27%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Farwell, TXTexasU.S.
Total Housing Units729, see rank, 100%10,187,189132,741,033
Occupied Housing Units633, 86.83%, see rank88.48%87.55%
Owner Occupied532, 72.98%, see rank55.49%56.34%
Renter Occupied101, 13.85%, see rank32.99%31.21%
Vacant Housing Units96, 13.17%, see rank11.52%12.45%
For Rent6, 0.82%, see rank3.13%2.34%
For Sale Only0, 0.00%, see rank1.05%1.20%
Rented or Sold, Not Occupied7, 0.96%, see rank0.97%0.92%
For Seasonal, Recreational, or Occasional Use13, 1.78%, see rank2.37%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant70, 9.60%, see rank3.97%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #1437
Farwell, TXTexasU.S.
196219841976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Farwell, TX%TexasU.S.
Owner-Occupied Units532100%5,652,54274,787,460
With a Mortgage30757.71%, see rank60.56%65.58%
Without a Mortgage22542.29%, see rank39.44%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Farwell, TX
993 USD
Texas
1,443 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsFarwell, TX%TexasU.S.
$299 or Less00.00%, see rank0.15%0.20%
$300 to $49930.98%, see rank1.18%1.59%
$500 to $6994715.31%, see rank4.49%5.01%
$700 to $99910534.20%, see rank14.70%14.32%
$1,000 to $1,4998928.99%, see rank33.20%27.90%
$1,500 to $1,999247.82%, see rank22.54%20.35%
$2,000 to $2,999289.12%, see rank16.45%19.52%
$3,000 or More113.58%, see rank7.30%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Farwell, TX
22.80% of the Total Income
Texas
22.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Farwell, TX%TexasU.S.
10% or Less144.56%, see rank6.26%5.86%
10% to 20%10634.53%, see rank36.09%31.95%
20% to 30%9631.27%, see rank27.65%27.64%
30% to 40%289.12%, see rank12.28%13.74%
40% or More6320.52%, see rank17.16%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Farwell, TX
362 USD
Texas
459 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsFarwell, TX%TexasU.S.
$199 or Less229.78%, see rank7.97%7.76%
$200 to $2996026.67%, see rank14.81%14.70%
$300 to $4999542.22%, see rank33.97%34.63%
$500 to $6993716.44%, see rank22.08%21.16%
$700 or More114.89%, see rank21.17%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Farwell, TX
10.00% of the Total Income
Texas
11.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Farwell, TX%TexasU.S.
10% or Less11752.00%, see rank41.43%40.19%
10% to 20%6127.11%, see rank32.37%31.47%
20% to 30%94.00%, see rank11.78%12.24%
30% to 40%229.78%, see rank5.09%5.64%
40% or More167.11%, see rank8.03%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Farwell, TXTexasU.S.
Total Housing Units729, 100%10,187,189132,741,033
1-unit, Detached589, 80.80%, see rank65.34%61.65%
1-unit, Attached2, 0.27%, see rank2.68%5.82%
2 Units18, 2.47%, see rank1.94%3.75%
3 or 4 Units8, 1.10%, see rank3.20%4.43%
5 to 9 Units13, 1.78%, see rank4.85%4.78%
10 or More Units6, 0.82%, see rank14.35%13.08%
Mobile Home, Boat, RV, Van, etc.93, 12.76%, see rank7.63%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Farwell, TXTexasU.S.
Total Housing Units729, 100%10,187,189132,741,033
1 Room6, 0.82%, see rank1.69%1.95%
2 Rooms7, 0.96%, see rank2.86%2.48%
3 Rooms107, 14.68%, see rank10.61%9.13%
4 Rooms164, 22.50%, see rank16.68%16.60%
5 Rooms185, 25.38%, see rank21.74%20.41%
6 Rooms104, 14.27%, see rank18.39%18.06%
7 Rooms68, 9.33%, see rank11.53%12.27%
8 Rooms46, 6.31%, see rank7.50%8.48%
9 Rooms or More42, 5.76%, see rank8.98%10.60%
Median Rooms4.90, see rank5.305.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Farwell, TXTexasU.S.
Total Housing Units729, 100%10,187,189132,741,033
No Bedroom6, 0.82%, see rank1.85%2.17%
1 Bedroom44, 6.04%, see rank12.69%11.16%
2 Bedrooms245, 33.61%, see rank23.33%26.69%
3 Bedrooms364, 49.93%, see rank41.71%39.70%
4 Bedrooms68, 9.33%, see rank17.12%16.05%
5 or More Bedrooms2, 0.27%, see rank3.30%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Farwell, TXTexasU.S.
Total Housing Units633, 100%9,013,582116,211,092
Utility Gas438, 69.19%, see rank37.22%48.85%
Bottled, Tank, or LP Gas4, 0.63%, see rank3.42%4.86%
Electricity191, 30.17%, see rank58.19%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood0, 0.00%, see rank0.43%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel0, 0.00%, see rank0.16%0.47%
No Fuel Used0, 0.00%, see rank0.44%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalFarwell, TXTexasU.S.
Occupied Units Paying Rent90, 100%3,174,41239,201,928
$199 or Less0, 0.00%, see rank1.28%1.50%
$200 to $2990, 0.00%, see rank2.20%3.18%
$300 to $49914, 15.56%, see rank6.35%7.37%
$500 to $69927, 30.00%, see rank19.10%16.01%
$700 to $99943, 47.78%, see rank35.25%29.17%
$1,000 to $1,4996, 6.67%, see rank26.13%26.88%
$1,500 to $1,9990, 0.00%, see rank6.97%9.79%
$2,000 or More0, 0.00%, see rank2.73%6.10%
Median$711, see rank$870$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Farwell, TXTexasU.S.
Occupied Housing Units633, 100%9,013,582116,211,092
No Vehicles Available25, 3.95%, see rank5.88%9.12%
1 Vehicles Available210, 33.18%, see rank34.31%33.80%
2 Vehicles Available241, 38.07%, see rank40.44%37.48%
3 or More Vehicles Available157, 24.80%, see rank19.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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