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Ferndale Market Report

$338,734

AVERAGE PRICE OF 109 HOMES

$1,390,000

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$634,960

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$274,385

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $338,734
Avg Bedrooms 2.5 beds
Avg Bathrooms 1.73 baths

Average Price by Bedrooms

2 bedrooms $220,263
3 bedrooms $296,703
4 bedrooms $318,775
5 bedrooms $420,000
Ferndale Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 240 215 216 218 106
Average Price $320,250 $288,691 $282,736 $284,932 $302,679
Avg Price Change +10.93% +2.11% -0.78% -6.23% n/a
Median Price $269,416 $253,949 $255,789 $259,469 $267,462
Med Price Change +6.09% -0.72% -1.44% -3.08% n/a
Avg Bedrooms 2.46 beds 2.41 beds 2.46 beds 2.58 beds 2.63 beds
Avg Bathrooms 1.7 baths 1.55 baths 1.55 baths 1.64 baths 1.63 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 109 $338,734 44 days
Multi-Million Dollar Homes 5 $1,390,000 33 days
Newly Built Homes 5 $634,960 45 days
Reduced Price Homes 7 $274,385 52 days
REALTEAM Real Estate
45410 Van Dyke Ave
Utica, MI 48317
586-580-8092

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