Ferndale, PA has an impressive median housing value of $78,800, which is substantially lower than the US house median value of $338,100. Additionally, the US 1 year house appreciation is 8.27%, while the house 1 year appreciation in Ferndale, PA is 10.96%. This indicates that Ferndale offers a great opportunity for homebuyers to purchase a property at an affordable price and make a solid return on their investment. With a wide range of housing options available and rising values over time, it's no surprise that Ferndale continues to be a popular destination for homebuyers looking for a good deal.
The median home cost in Ferndale is $78,800. Home appreciation the last 10 years has been 36.4%. Home Appreciation in Ferndale is up 15.4%.
Average Age of Homes
- The median age of Ferndale real estate is 74 years old
The Rental Market in Ferndale
- Renters make up 28.5% of the Ferndale population
- 1.3% of houses and apartments in Ferndale, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.