Ferndale, WA housing market
The typical Ferndale home is worth about $613,000, up 0.8% in a year, close to the Washington typical home. Homes typically sell in 8 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 3.1 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 | Washington |
|---|---|---|
| 2017 | $318,000 | $326,000 |
| 2018 | $348,000 | $362,000 |
| 2019 | $383,000 | $390,000 |
| 2020 | $413,000 | $413,000 |
| 2021 | $466,000 | $471,000 |
| 2022 | $563,000 | $554,000 |
| 2023 | $578,000 | $572,000 |
| 2024 | $587,000 | $582,000 |
| 2025 | $616,000 | $605,000 |
| 2026 | $616,000 | $601,000 |
| August 2026 | $613,000 | $592,000 |
123 new homes permitted in 2025
Builders were permitted 123 new homes in Ferndale in 2025: 53 single-family houses and 70 in buildings with two or more homes, worth about $29.2 million to build. That's 7.7 per 1,000 residents, faster than across Washington (4.6). Over the past 10 years, Ferndale has permitted 1,305 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Ferndale gained 3,633 residents while 1,195 new homes were permitted: about 3 new residents per new home. Building and growth moved roughly in step. Across Washington: 2.7 new residents per new home.
How Ferndale ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 20 | 18 | 2 | $5.2 million |
| 2025 | 123 | 53 | 70 | $29.2 million |
| 2024 | 83 | 81 | 2 | $31.8 million |
| 2023 | 49 | 49 | 0 | $10.6 million |
| 2022 | 116 | 114 | 2 | $28.2 million |
| 2021 | 209 | 207 | 2 | $51.2 million |
| 2020 | 166 | 131 | 35 | $37.9 million |
| 2019 | 134 | 110 | 24 | $31.5 million |
| 2018 | 121 | 100 | 21 | $27.6 million |
| 2017 | 153 | 124 | 29 | $35.4 million |
| 2016 | 151 | 73 | 78 | $28.4 million |
| 2015 | 109 | 85 | 24 | $22.8 million |
| 2014 | 72 | 62 | 10 | $14.7 million |
| 2013 | 145 | 101 | 44 | $29.3 million |
| 2012 | 139 | 119 | 20 | $31 million |
| 2011 | 94 | 91 | 3 | $18.3 million |
| 2010 | 77 | 55 | 22 | $13 million |
| 2009 | 72 | 72 | 0 | $12.8 million |
| 2008 | 78 | 56 | 22 | $14.1 million |
| 2007 | 97 | 54 | 43 | $14.4 million |
| 2006 | 183 | 124 | 59 | $28.4 million |
| 2005 | 195 | 195 | 0 | $32.3 million |
| 2004 | 136 | 136 | 0 | $21.4 million |
| 2003 | 92 | 92 | 0 | $15.2 million |
| 2002 | 94 | 94 | 0 | $14.6 million |
| 2001 | 50 | 48 | 2 | $5.2 million |
| 2000 | 150 | 150 | 0 | $6.2 million |
How Ferndale ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Ferndale and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Ferndale | $613K | +0.8% | $1,770 | 123 | $87,579 |
| Marietta-Alderwood | — | +1.6%† | $1,790 | — | $76,019 |
| Custer | $667K | +0.2% | $1,760 | — | $93,598 |
† FHFA price index change, where Zillow has no home value for the town.
7 years of income
The typical Ferndale home costs about 7 years of the town's median household income, more than across Washington (6 years).
How Ferndale ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,770
HUD's Fair Market Rent for a two-bedroom in Ferndale is $1,770 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ferndale pay a median of $1,477, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.
Studio $1,440 · 4 bedrooms $2,970
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (98248; Bellingham, WA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
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. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.