Is Farnam, NE 69029 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Farnam is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.5%Sold price ÷ list price
Median days on market217Listing to accepted offer
Median price per sq ft$43

The Farnam housing market right now

In the three months ending August 31, 2026, 0% of homes in Farnam, NE 69029 sold above their list price, the typical home went under contract in 217 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Nearby markets

Cambridge 69022 — /sq ftCurtis 69025Buyer’s market $305 /sq ftEustis 69028Buyer’s market $128 /sq ft Browse all markets →

Where Farnam is

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Questions about Farnam real estate

Is Farnam a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Farnam, NE 69029 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Farnam?

The typical home went under contract in 217 days in the latest three months.

Do homes in Farnam sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.

What are property taxes in Farnam?

About 1.40% of a home’s value a year in Frontier County, or roughly $5,600 on a $400,000 home.

What is the median home price in Farnam?

The median sale price was $104,955 in the three months ending August 31, 2026, about $43 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology