Farwell, Nebraska.
Typical home $283,893 (+6.1% in a year). Grand Island, NE metro.
to buy the typical home at today's mortgage rate — +$850 (+133%) since Jan 2020.
- 1 year
- Up $16,309 +6%
- $267,585$283,893 since Sep 2025
- 5 years
- Up $79,296 +39%
- $204,597$283,893 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Farwell$1,490
- Nebraska$1,461
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Farwell, NE rose 6.1% over the past year — faster than the nation's +1.2%.
Living in Farwell, Howard County, Nebraska
Farwell is a village of 138 people in Howard County. Unemployment in Howard County was 2.1% in August 2026, and the county had 0.9% more jobs in 2025 than the year before. The most people in Howard County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Farwell is a very small village in Howard County, Nebraska, where neighbors are likely to know one another. Typical home values here run well above what the village's size might suggest. Winters are cold, with January the coldest month and a good deal of snow, while July brings hot summer days. Precipitation through the year is moderate.
Work. Residents work mostly in schools, hospitals and social care, followed by shops, farming and manufacturing. Across Howard County, the largest workplaces include Howard County Medical Center, ST Paul Public Schools and Vetter Senior Living. Unemployment in the county is low and about where it stood a year ago, and the county has added a few more jobs than the year before.
Things to do. Both nearby places lie a longer drive away. The Loup River is a river that suits time outdoors, and the Stuhr Museum is a museum for a quieter afternoon indoors. Both make a full outing rather than a quick stop.
Report a mistake
- 8%below the poverty line
What people in Howard County work in
Employed residents by industry, from the Census survey. Howard County had 1,584 jobs in 2025, 0.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 35° and lows near 14°; warmest in July, with highs near 89° and lows near 65°. About 22 inches of snow and 27 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Saint Paul weather station, 9 miles away (NOAA).
Largest workplaces in Howard County
- Howard County Medical CenterCritical access hospital106FTE
- St Paul Public SchoolsSchool district103FTE
- Vetter Senior LivingSkilled nursing facilities102
- Centura Public SchoolsSchool district82FTE
- Elba Public SchoolsSchool district36FTE
- Aurora Cooperative - Dannebrog AgronomyAgricultural chemicals merchant wholesalers21
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 123 people in all across the county; Farwell has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailVery high
- Strong windVery high
- Winter weatherVery high
- TornadoesVery high
- DroughtRelatively high
- Ice stormsRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Farwell’s census tracts, against the rest of the country; all of them together, very high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Howard County and the Grand Island, NE metro.
Farwell home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Farwell$283,893
- Nebraska$278,299
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Farwell address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Farwell — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.