Explore Ferndale
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Why Live in Ferndale
Ferndale, Michigan, located 11 miles north of Detroit, is a progressive city with a population of about 19,000 residents. Known for its inclusivity and sustainability, Ferndale is home to the largest free Pride Festival in the state and boasts a lively downtown district filled with rainbow-colored crosswalks, murals, and diverse storefronts. The intersection of Nine Mile Road and Woodward Avenue forms the heart of downtown, offering a variety of things to do, including shopping at specialty stores, dining at all-American restaurants, and enjoying the vibrant nightlife. Parks such as Garbutt Park and Harding Park provide recreational spaces, while Martin Road Park becomes a hub for sledding in the winter. Homes in Ferndale, ranging from Tudor Revivals to bungalows built between the 1920s and 1940s, sell faster than the national average and are more affordable compared to nearby cities. The city hosts numerous events, including the Woodward Dream Cruise and various art fairs. Commuting is facilitated by major thoroughfares like Interstate 75 and Interstate 696, with bike lanes and limited bus stops also available. Residents may experience traffic jams due to trains, though recent legislation aims to reduce congestion. Ferndale Public Schools serve the community. Despite flood concerns, the city employs proactive measures to address these issues.
Home Prices in Ferndale, MI
The median home sale price in Ferndale, MI is $265,000, up 2% year-over-year. Homes in Ferndale sell in 32 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$265,000
|
Median Single Family Sale Price
$260,000
|
|
Median Townhouse Sale Price
$304,500
|
Median 2 Bedroom Sale Price
$215,000
|
|
Median 1 Bedroom Sale Price
$140,000
|
Average Price Per Sq Ft
$236
|
|
Number of Homes for Sale
72
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Last 12 months Home Sales
389
|
|
Months of Supply
2.20
|
Median List Price
$265,000
|
|
Median Change From 1st List Price
0%
|
Median Home Sale Price YoY Change
2%
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Ferndale Types of Homes for Sale
Ferndale Real Estate Listings
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