Ferndale, MI Real Estate & Property Data

Ferndale Real Estate Market Trends
Last Updated: September 06, 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 550 residential properties have sold over the past year. With a median home price of $277,500 in Ferndale and a total of 3 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.

Ferndale Real Estate Market Trends
Total Residential Properties 9,733
Total Commercial Properties 586
Avg. Home Age (Single Family Home) 86 Years
Avg. Square Feet (Single Family Home) 1,122
Total 2025 Residential Sales (year-to-date) 232
% of Homes Seriously Underwater (Q3 2025) 0.91%
Total 2024 Residential Sales 510
% of Equity Rich Homes (Q3 2025) 39.08%
Effective 2024 Property Tax 1.41%
Total Foreclosure Filings (year-to-date) 11
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Ferndale, MI 48220 Real Estate Overview

There were 550 residential properties sold in the past year in Ferndale, MI 48220. The median home value in Ferndale, MI 48220 is $277,786. There are a total of 9,733 residential properties in the 48220.

Median Sales Price i
$277,500
(Jun 2025)
+0.5%
year-over-year
y-o-y
  • June '25 Jun '25 $277,500
  • May '25 May '25 $268,000
  • April '25 Apr '25 $242,500
  • March '25 Mar '25 $280,000
  • February '25 Feb '25 $221,250
  • January '25 Jan '25 $263,000
  • December '24 Dec '24 $235,000
  • November '24 Nov '24 $252,000
  • October '24 Oct '24 $258,000
  • September '24 Sep '24 $250,403
  • August '24 Aug '24 $252,000
  • July '24 Jul '24 $256,000
Median Down Payment i
$24,375
(Jun 2025)
-33.7%
year-over-year
y-o-y
  • June '25 Jun '25 $24,375
  • May '25 May '25 $50,000
  • April '25 Apr '25 $22,297
  • March '25 Mar '25 $43,492
  • February '25 Feb '25 $22,450
  • January '25 Jan '25 $40,700
  • December '24 Dec '24 $45,550
  • November '24 Nov '24 $13,000
  • October '24 Oct '24 $26,500
  • September '24 Sep '24 $36,036
  • August '24 Aug '24 $29,250
  • July '24 Jul '24 $22,000
Number of Homes Sold i
46
(Jun 2025)
-6.1%
year-over-year
y-o-y
  • June '25 Jun '25 46
  • May '25 May '25 39
  • April '25 Apr '25 37
  • March '25 Mar '25 36
  • 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
Number of Purchase Loans i
39
(Jun 2025)
-11.4%
year-over-year
y-o-y
  • June '25 Jun '25 39
  • May '25 May '25 38
  • April '25 Apr '25 31
  • March '25 Mar '25 27
  • February '25 Feb '25 29
  • January '25 Jan '25 31
  • December '24 Dec '24 44
  • November '24 Nov '24 23
  • October '24 Oct '24 37
  • September '24 Sep '24 37
  • August '24 Aug '24 40
  • July '24 Jul '24 43
Number of REFI Loans i
28
(Jun 2025)
+250%
year-over-year
y-o-y
  • June '25 Jun '25 28
  • May '25 May '25 27
  • April '25 Apr '25 23
  • March '25 Mar '25 19
  • 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
Number of HELOC Loans i
4
(Jun 2025)
-42.9%
year-over-year
y-o-y
  • June '25 Jun '25 4
  • May '25 May '25 12
  • April '25 Apr '25 13
  • March '25 Mar '25 11
  • 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

Ferndale, MI 48220 Foreclosure Activity

There were a total of 3 Ferndale, MI 48220 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 3 Ferndale, MI 48220 properties and repossessed 1 Ferndale, MI 48220 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i
3
(Jun 2025)
  • June '25 Jun '25 3
  • May '25 May '25 2
  • April '25 Apr '25 4
  • March '25 Mar '25 1
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 3
  • October '24 Oct '24 1
  • September '24 Sep '24 2
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
Foreclosure Starts i
3
(Jun 2025)
  • June '25 Jun '25 3
  • May '25 May '25 2
  • April '25 Apr '25 4
  • March '25 Mar '25 1
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 3
  • October '24 Oct '24 1
  • September '24 Sep '24 2
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
Completed Foreclosures (REOs) i
1
(Jun 2025)
  • June '25 Jun '25 1
  • May '25 May '25 1
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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