House Prices

House Prices & Home Values Ferndale, MI 2026


Average Data

average house price$170,790
average size per house1136 ft²
average price per ft²151 $ / ft²

04/15/2026 - The value range (VR) for house prices in Ferndale, MI is $190/ sqft to $190/ sqft. An average home with 1136 sqft costs approximately $215,840 to $215,840. Ferndale, MI includes 1 ZIP codes and it is located in Oakland county. The lowest prices are found in ZIP 48220, while the highest are in ZIP 48220. The average price per sqare feet is $151. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Ferndale

48220207 $ / ft²




Historical development of home values in Ferndale

Year Estimated value (USD) Change vs. 2025
2010 $79,318 -53.6%
2011 $76,251 -55.4%
2012 $76,045 -55.5%
2013 $78,888 -53.8%
2014 $82,810 -51.5%
2015 $87,061 -49.0%
2016 $91,604 -46.4%
2017 $96,548 -43.5%
2018 $101,886 -40.3%
2019 $106,610 -37.6%
2020 $112,121 -34.4%
2021 $127,526 -25.3%
2022 $148,667 -13.0%
2023 $156,776 -8.2%
2024 $165,846 -2.9%
2025 $170,790 0.0%

Graph: estimated home values in Ferndale over time (USD)



Example: 100% financing house in Ferndale

Loan amount: $170,790

Interest rate: 6.00%

Fixed monthly payment: $1,023.97

Breakdown in the 1st month:
Interest portion: $853.95  –  Principal portion: $170.02

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,190.35 $2,097.32 $168,692.68
2 $10,060.99 $2,226.68 $166,466.00
3 $9,923.65 $2,364.02 $164,101.98
4 $9,777.84 $2,509.82 $161,592.16
5 $9,623.04 $2,664.62 $158,927.54
6 $9,458.70 $2,828.97 $156,098.56
7 $9,284.21 $3,003.46 $153,095.11
8 $9,098.96 $3,188.70 $149,906.40
9 $8,902.29 $3,385.38 $146,521.03
10 $8,693.49 $3,594.18 $142,926.85
11 $8,471.81 $3,815.86 $139,110.99
12 $8,236.45 $4,051.21 $135,059.78
13 $7,986.58 $4,301.08 $130,758.69
14 $7,721.30 $4,566.36 $126,192.33
15 $7,439.66 $4,848.01 $121,344.32
16 $7,140.65 $5,147.02 $116,197.30
17 $6,823.19 $5,464.48 $110,732.82
18 $6,486.15 $5,801.52 $104,931.30
19 $6,128.33 $6,159.34 $98,771.96
20 $5,748.43 $6,539.24 $92,232.72
21 $5,345.11 $6,942.56 $85,290.16
22 $4,916.90 $7,370.76 $77,919.40
23 $4,462.29 $7,825.38 $70,094.02
24 $3,979.64 $8,308.03 $61,785.99
25 $3,467.22 $8,820.45 $52,965.54
26 $2,923.19 $9,364.48 $43,601.07
27 $2,345.61 $9,942.06 $33,659.01
28 $1,732.41 $10,555.26 $23,103.75
29 $1,081.38 $11,206.29 $11,897.47
30 $390.20 $11,897.47 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Ferndale, MI


1500 sqft3900 sqft
Ø selling price$274,066$583,011
Ø fast selling$249,151$524,710
Ø high price sale$298,980$641,313

In 2026, houses in Ferndale, MI will be offered at an average price of $151 per square foot. A 1,500 sqft home priced at $274,066 is 25.00% more expensive per square foot than a 3,900 sqft home priced at $583,011. Home prices in Ferndale, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $403,624. Sellers who can wait longer may achieve a higher price of up to $493,318.


Discover Ferndale, MI

Location & Lifestyle

Located in Oakland County just north of Detroit, Ferndale, MI blends small-town charm with big-city access. Its walkable downtown Ferndale centers around Woodward Avenue and Nine Mile Road, making errands, dining, and nightlife easy.
Residents praise the city's inclusive vibe, progressive values, and year-round community programming.

Dining, Arts & Events

Foodies find creative restaurants, craft cocktail bars, and beloved coffee shops that champion local ingredients. Ferndale's arts scene thrives with galleries, live music venues, street murals, and festivals like the DIY Street Fair and Ferndale Pride.
Nightlife ranges from laid-back pubs to energetic dance floors, drawing visitors from across the Detroit metro area.

Homes, Parks & Business

Tree-lined neighborhoods feature classic bungalows and updated homes, offering strong value and quick commutes via I?696 and Woodward. Parks such as Geary Park and Martin Road Park add green space for sports, dog walking, and community events.
Entrepreneurs benefit from a supportive small-business ecosystem, frequent pop-ups, and city resources that keep storefronts vibrant. Whether you are relocating or planning a weekend, Ferndale delivers a friendly, walkable destination with culture, convenience, and creative energy.



FAQ – Home Values in Ferndale

What is the median home value in Ferndale in 2026?

In 2026, the typical home value in Ferndale is about $170,790 for an average home size of 1136 square feet. This corresponds to an average price of roughly $151 per square foot.

What is the average cost per square foot in Ferndale?

In 2026, homes in Ferndale sell for an average of around $151 per square foot, with a typical range between $190 and $190 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Ferndale is about 1136 square feet, with an estimated 2026 value around $170,790.



Locations close to Ferndale, MI

Detroit, MI81 $ / ft²
Harper Woods, MI113 $ / ft²
Ecorse, MI72 $ / ft²
River Rouge, MI71 $ / ft²
Hamtramck, MI91 $ / ft²
Highland Park, MI95 $ / ft²
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