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FARWELL, MI 48622

Real Estate Market Report  ·  Clare County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
20
⇩ 13% vs 23 last year
Pending
6
30% pending ratio
Median Price
$269,900
⇧ 10.8% vs $243,700 last year
Average Price
$804,688
⇩ 34.4% vs $1,227,103 last year
Days on Market
72
⇩ 17.2% vs 87 days last year

Market Context

Population: 5,996  ·  Density: 26.9/mi²  ·  Median household income: $55,976

Typical home value: $122,952  ·  Homeownership: 85.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FARWELL, MI real estate market (48622) currently shows 20 active listings, with 6 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 72 days on market compared to 87 days last year.

The median listing price has risen 10.8% year-over-year, from $243,700 to $269,900.

Whether you are buying or selling in FARWELL, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 20 this year vs 23 last year
  • Days on market: 72 now vs 87 last year

Median & Average Pricing

Year over Year
  • Median: $269,900 (+10.8% YoY)
  • Average: $804,688 (-34.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.6 miles — 241 listings ($82,258,066 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48622Farwell, MI 486220.0 mi20$16,093,760$269,900$804,688
48617Clare, MI 486178.4 mi14$3,307,808$227,444$236,272
48893Weidman, MI 4889311.4 mi21$7,413,231$280,900$353,011
49305Barryton, MI 4930514.5 mi8$1,810,800$194,950$226,350
48858Mount Pleasant, MI 4885815.7 mi100$26,592,400$231,500$265,924
49340Remus, MI 4934018.5 mi10$9,565,880$372,450$956,588
49320Chippewa Lake, MI 4932021.1 mi1$424,900$424,900$424,900
48612Beaverton, MI 4861222.5 mi36$9,371,628$171,950$260,323
49332Mecosta, MI 4933223.1 mi8$2,289,064$299,950$286,133
49342Rodney, MI 4934223.8 mi5$1,291,165$219,900$258,233
49639Hersey, MI 4963925.6 mi6$1,271,700$205,000$211,950
48628Hope, MI 4862827.9 mi6$1,787,850$221,450$297,975
48832Elwell, MI 4883229.6 mi6$1,037,880$190,000$172,980

Frequently Asked Questions

How many homes are for sale in FARWELL, MI 48622?

As of January 2026, there are 20 active listings in FARWELL, MI (zip code 48622), compared to 23 the prior year.

What is the median home price in FARWELL, MI 48622?

The median listing price in FARWELL, MI 48622 is $269,900 as of January 2026, a 10.8% increase from $243,700 the prior year.

How long do homes stay on the market in FARWELL, MI?

Homes in FARWELL, MI 48622 spend an average of 72 days on the market before going under contract, compared to 87 days the prior year.

Is it a seller's or buyer's market in FARWELL, MI 48622?

Based on current inventory and days-on-market data as of January 2026, FARWELL, MI 48622 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 72 days on market compared to 87 days last year.

How much can I save on real estate commission in FARWELL, MI?

With SELL123.com's maximum 3% commission, sellers in FARWELL, MI 48622 save an estimated $5,398 compared to a typical 5% commission on the median listing price of $269,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.