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Ferndale, MI Real Estate & Property Data

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Ferndale, MI 48220. ATTOM’s Ferndale real estate data is updated daily, and current market trends show that in Ferndale, MI a total of 548 residential properties have sold over the past year. With a median home price of $221,250 in Ferndale and a total of 1 foreclosures. Get detailed property data for Ferndale, MI instantly. ATTOM is your one-stop-shop for the Ferndale property reports and real estate data you need in Ferndale, MI.

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Total Residential Properties 9,733

Total Commercial Properties 587

Avg. Home Age (Single Family Home) 86 Years

Avg. Square Feet (Single Family Home) 1,122

Total 2025 Residential Sales (year-to-date) 74

% of Homes Seriously Underwater (Q2 2025) 1.04%

Total 2024 Residential Sales 510

% of Equity Rich Homes (Q2 2025) 36.25%

Effective 2024 Property Tax 1.58%

Total Foreclosure Filings (year-to-date) 1

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Ferndale, MI 48220 Real Estate Overview

There were 548 residential properties sold in the past year in Ferndale, MI 48220. The median home value in Ferndale, MI 48220 is $243,252. There are a total of 9,733 residential properties in the 48220.

Median Sales Price i

$221,250

(Feb 2025)

-7.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $221,250
January '25 Jan '25 $263,000
December '24 Dec '24 $235,000
November '24 Nov '24 $253,500
October '24 Oct '24 $258,000
September '24 Sep '24 $250,403
August '24 Aug '24 $252,000
July '24 Jul '24 $256,000
June '24 Jun '24 $276,000
May '24 May '24 $270,000
April '24 Apr '24 $270,000
March '24 Mar '24 $239,950

Median Down Payment i

$22,450

(Feb 2025)

-22%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $22,450
January '25 Jan '25 $40,700
December '24 Dec '24 $45,550
November '24 Nov '24 $21,250
October '24 Oct '24 $26,500
September '24 Sep '24 $36,036
August '24 Aug '24 $29,250
July '24 Jul '24 $22,000
June '24 Jun '24 $36,750
May '24 May '24 $36,225
April '24 Apr '24 $13,275
March '24 Mar '24 $13,000

Number of Homes Sold i

(Feb 2025)

+15.6%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 37
January '25 Jan '25 37
December '24 Dec '24 49
November '24 Nov '24 35
October '24 Oct '24 38
September '24 Sep '24 41
August '24 Aug '24 53
July '24 Jul '24 53
June '24 Jun '24 49
May '24 May '24 49
April '24 Apr '24 43
March '24 Mar '24 32

Number of Purchase Loans i

(Feb 2025)

+38.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 29
January '25 Jan '25 31
December '24 Dec '24 44
November '24 Nov '24 22
October '24 Oct '24 37
September '24 Sep '24 37
August '24 Aug '24 40
July '24 Jul '24 43
June '24 Jun '24 44
May '24 May '24 39
April '24 Apr '24 33
March '24 Mar '24 23

Number of REFI Loans i

(Feb 2025)

+41.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 17
January '25 Jan '25 16
December '24 Dec '24 20
November '24 Nov '24 19
October '24 Oct '24 44
September '24 Sep '24 17
August '24 Aug '24 20
July '24 Jul '24 15
June '24 Jun '24 8
May '24 May '24 14
April '24 Apr '24 19
March '24 Mar '24 9

Number of HELOC Loans i

(Feb 2025)

+100%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 10
January '25 Jan '25 8
December '24 Dec '24 5
November '24 Nov '24 10
October '24 Oct '24 10
September '24 Sep '24 8
August '24 Aug '24 7
July '24 Jul '24 12
June '24 Jun '24 7
May '24 May '24 9
April '24 Apr '24 16
March '24 Mar '24 6

Ferndale, MI 48220 Real Estate Market Overview

Last 30 days

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Ferndale, MI 48220 Foreclosure Activity

There were a total of 1 Ferndale, MI 48220 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 1 Ferndale, MI 48220 properties and repossessed 1 Ferndale, MI 48220 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

List Graph

1 year 3 years

5 years