The Ferndale housing market is very competitive. The median sale price of a home in Ferndale was $440K last month, up 33.3% since last year. The median sale price per square foot in Ferndale is $231, up 11.1% since last year.
What is the housing market like in Ferndale today?
In March 2024, Ferndale home prices were up 33.3% compared to last year, selling for a median price of $440K. On average, homes in Ferndale sell after 11 days on the market compared to 41 days last year. There were 7 homes sold in March this year, down from 19 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$440,000
+33.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Ferndale, MD
$440,000
+33.3%
United States
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How hot is the Ferndale housing market?
Ferndale is very competitive. Homes sell in 22 days.
0
100
88
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 22 days.
Hot homes
can sell for about 4% above list price and go pending in around 6 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Ferndale
Explore recent offers and recently sold homes in Ferndale
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Ferndale housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Ferndale.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Ferndale has a moderate risk of flooding. 466 properties in Ferndale are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Ferndale. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Ferndale has a minor risk of wildfire. There are 87 properties in Ferndale that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Ferndale.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Ferndale has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Ferndale is most at risk from hurricanes. 4,434 properties in Ferndale have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 90 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 106 mph.