All Home Types
Ferndale, MI Housing Market
What is the housing market like in Ferndale today?
In November 2024, Ferndale home prices were down 6.6% compared to last year, selling for a median price of $262K. On average, homes in Ferndale sell after 27 days on the market compared to 13 days last year. There were 36 homes sold in November this year, up from 31 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$261,500
-6.6% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
Ferndale, MI
$261,500
-6.6%
United States
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Ferndale Migration & Relocation Trends
In Sep '24 - Nov '24, 21% of Ferndale homebuyers searched to move out of Ferndale, while 79% looked to stay within the metropolitan area.
- Across the nation, 0.84% of homebuyers searched to move into Ferndale from outside metros.
- Los Angeles homebuyers searched to move into Ferndale more than any other metro followed by New York and Washington.
Where are people moving to Ferndale from?
- 79% of Ferndale homebuyers searched to stay within the Ferndale metropolitan area.
- Traverse City was the most popular destination among Ferndale homebuyers followed by Cape Coral and Saginaw.
Where are people from Ferndale moving to?
Number of People Moving to Ferndale
least
most
People are moving to Ferndale from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 531 | ||
| 2 | 468 | ||
| 3 | 458 | ||
| 4 | 397 | ||
| 5 | 261 | ||
| 6 | 158 | ||
| 7 | 115 | ||
| 8 | 112 | ||
| 9 | 94 | ||
| 10 | 73 | ||
People are leaving Ferndale for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 161 | ||
| 2 | 143 | ||
| 3 | 117 | ||
| 4 | 112 | ||
| 5 | 104 | ||
| 6 | 92 | ||
| 7 | 88 | ||
| 8 | 77 | ||
| 9 | 51 | ||
| 10 | 49 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Ferndale.
Provided by First Street Foundation
Transportation in Ferndale
Learn about the walkability, bikeability, and transit-friendliness of Ferndale
Somewhat Walkable
Walk Score®
Minimal Transit
Transit Score®
Bikeable
Bike Score®
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