Is Farwell, TX 79325 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Farwell is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Farwell housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Parmer County, TX

Population	2,277
Median income	$71,771
Average income	$89,112
Median home value	$163,400
Median rent	$1,194/month
Owner-occupied	67% of homes
Median year built	1974

Natural hazard riskTornadoes (very high), winter storms (very high), hail (very high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 79325; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 79325

Prefilled for 79325Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79325Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bovina 79009Seller’s market $143 /sq ft Friona 79035Buyer’s market $82 /sq ft Browse all markets →

Towns like Farwell nearby

Find towns like Farwell in other states →

Bovina, TX79009 · 11 miles away87% similarcheaper homes ($47K less) · 5 min longer commute Texico, NM88135 · 4 miles away83% similarsmaller · older residents Friona, TX79035 · 23 miles away83% similarlarger · older residents Sudan, TX79371 · 34 miles away82% similarcheaper homes ($62K less) · smaller

Where Farwell is

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Questions about Farwell real estate

What are property taxes in Farwell?

About 1.28% of a home’s value a year in Parmer County, or roughly $5,120 on a $400,000 home.

Local agents

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More tools for 79325

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Parmer County property taxes Parmer County loan limits Closing costs in Texas Hottest ZIP codes in Texas

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