Ferndale, MI housing market
The typical Ferndale home is worth about $251,000, down 1.5% in a year, 6% below the Michigan typical home. Homes typically sell in 16 days, close to asking.
Home values, sales, trends and how Ferndale compares with the towns next door — updated as new data is published.
Ferndale at a glance
A seller's market
Supply is tight — about 2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Ferndale | Michigan |
|---|---|---|
| 2017 | $151,000 | $144,000 |
| 2018 | $170,000 | $155,000 |
| 2019 | $182,000 | $165,000 |
| 2020 | $189,000 | $175,000 |
| 2021 | $208,000 | $194,000 |
| 2022 | $221,000 | $217,000 |
| 2023 | $232,000 | $230,000 |
| 2024 | $246,000 | $241,000 |
| 2025 | $255,000 | $253,000 |
| 2026 | $256,000 | $262,000 |
| August 2026 | $251,000 | $266,000 |
Ferndale and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Ferndale | $251K | −1.5% | 16 | $94,640 |
| Oak Park | $235K | +1.6% | 17 | $71,510 |
| Hazel Park | $159K | −3.8% | 25 | $67,073 |
| Royal Oak | $331K | +2.1% | — | $47,679 |
| Pleasant Ridge | $490K | +4.8% | 7 | $171,125 |
| Royal Oak | — | — | 15 | $101,109 |
| Detroit | $77K | −5.7% | 54 | $39,938 |
2.6 years of income
The typical Ferndale home costs about 2.6 years of the town's median household income, less than across Michigan (3.7 years).
How Ferndale ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Ferndale
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.