Ferndale, MI 48220 Real Estate & Property Data
Last Updated: April 27, 2024
A total of 570 residential properties have been sold over the past 12 months in 48220. With a median sales price of $230,000 in 48220. Discover market trends and get the granular level real estate data for Ferndale, MI 48220 to keep your pulse on the housing market. Curate compelling home reports for Ferndale, MI 48220 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 9,737
Total Commercial Properties 578
Avg. Home Age (Single Family Home) 85 Years
Avg. Square Feet (Single Family Home) 1,119
Total 2024 Residential Sales (year-to-date) 73
% of Homes Seriously Underwater (Q2 2024) 1.07%
Total 2023 Residential Sales 527
% of Equity Rich Homes (Q2 2024) 36.85%
Effective 2023 Property Tax 1.39%
Total Foreclosure Filings (year-to-date) 6
Ferndale, MI 48220 Real Estate Overview
There were 570 residential properties sold in the past year in Ferndale, MI 48220. The median home value in Ferndale, MI 48220 is $245,609. There are a total of 9,737 residential properties in the 48220.
Median Sales Price i
$230,000
(Feb 2024)
+2.2%
year-over-year
y-o-y
- February '24 Feb '24 $230,000
- January '24 Jan '24 $238,000
- December '23 Dec '23 $247,500
- November '23 Nov '23 $244,500
- October '23 Oct '23 $255,000
- September '23 Sep '23 $245,500
- August '23 Aug '23 $251,000
- July '23 Jul '23 $216,000
- June '23 Jun '23 $253,000
- May '23 May '23 $279,000
- April '23 Apr '23 $215,500
- March '23 Mar '23 $230,000
Median Down Payment i
$36,300
(Feb 2024)
+174%
year-over-year
y-o-y
- February '24 Feb '24 $36,300
- January '24 Jan '24 $19,312
- December '23 Dec '23 $15,868
- November '23 Nov '23 $37,182
- October '23 Oct '23 $40,000
- September '23 Sep '23 $20,500
- August '23 Aug '23 $29,000
- July '23 Jul '23 $15,000
- June '23 Jun '23 $24,687
- May '23 May '23 $23,675
- April '23 Apr '23 $32,000
- March '23 Mar '23 $26,350
Number of Homes Sold i
37
(Feb 2024)
+8.8%
year-over-year
y-o-y
Number of Purchase Loans i
24
(Feb 2024)
-31.4%
year-over-year
y-o-y
Number of REFI Loans i
17
(Feb 2024)
+30.8%
year-over-year
y-o-y
Number of HELOC Loans i
5
(Feb 2024)
+66.7%
year-over-year
y-o-y
Ferndale, MI 48220 Foreclosure Activity
Total Foreclosure Filings i
Foreclosure Starts i
Completed Foreclosures (REOs) i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 1
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 N/A
- May '23 May '23 N/A
- April '23 Apr '23 N/A
- March '23 Mar '23 N/A
Interested in growing your business with Ferndale, MI 48220 property data?
Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.