Farwell, Texas.
Typical home $196,147 (+6.3% in a year).
to buy the typical home at today's mortgage rate — +$481 (+88%) since Jan 2020.
- 1 year
- Up $11,624 +6%
- $184,524$196,147 since Sep 2025
- 5 years
- Up $12,597 +7%
- $183,551$196,147 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$1,030
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 52 years.
Typical home values in Farwell, TX rose 6.3% over the past year — faster than the nation's +1.2%.
Living in Farwell, Parmer County, Texas
Farwell is a city of 1,425 people in Parmer County. Unemployment in Parmer County was 3.2% in August 2026, and the county had about as many jobs in 2025 as the year before. The most people in Parmer County work in manufacturing, then schools and health care.
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 It can be wrong or out of date.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 small city in Parmer County, in the Texas Panhandle, right along the state line. It is a quiet farming-country town where neighbors are likely to know one another. Homes here cost less than in much of the country, and winters are cold with some snow while summers turn hot.
Work. Many residents work in manufacturing, in schools, hospitals and social care, in farming, and in transport, warehouses and utilities. Across Parmer County, some of the largest workplaces are Cargill, which produces beef, Friona ISD, and Farwell ISD. A small share of people work from home, and fewer adults here hold a four-year degree than across much of the country.
Things to do. Oasis State Park and Grulla National Wildlife Refuge are the nearest places to get outdoors on the list, and both are protected areas a longer drive away. They suit a day trip for anyone who enjoys open country and wildlife.
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- 447households
- 18%of adults have a degree
- 10%work from home
What people in Parmer County work in
Employed residents by industry, from the Census survey. Parmer County had 6,490 jobs in 2025, about as many as the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 53° and lows near 26°; warmest in July, with highs near 92° and lows near 65°. About 13 inches of snow and 20 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Clovis weather station, 10 miles away (NOAA).
Largest workplaces in Parmer County
- CargillBeef produced in slaughtering plants2,422
- Friona ISDSchool district191FTE
- M A MortensonConstruction154
- Farwell ISDSchool district111FTE
- Bovina ISDSchool district88FTE
- Cal-Maine FoodsEgg production, chicken81
- Parmer County Community HospitalCritical access hospital69FTE
- Spandet Dairy FrionaMilk production, dairy cattle50
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 8 workplaces with 20 or more staff, 2,911 people in all across the county; Farwell has one of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); 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
- DroughtVery high
- HailVery high
- Winter weatherVery high
- Strong windVery high
- TornadoesVery high
- Cold wavesRelatively 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 Parmer County.
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$196,147
- Texas$296,424
- 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.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Farwell12
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.