The housing market in 98248 Ferndale, WA has a median value of $545,300, which is substantially higher than the US house median value of $338,100. However, the one year house appreciation in Ferndale is only 6.82%, lower than the US average of 8.27%. This suggests that the housing prices in Ferndale have not seen as drastic an increase over the past year as other areas across the country.
The median home cost in Ferndale (zip 98248) is $545,300. Home appreciation the last 10 years has been 156.9%. Home Appreciation in Ferndale (zip 98248) is up 14.7%.
Average Age of Homes
- The median age of Ferndale (zip 98248) real estate is 32 years old
The Rental Market in Ferndale (zip 98248)
- Renters make up 26.7% of the Ferndale (zip 98248) population
- 1.1% of houses and apartments in Ferndale (zip 98248), 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.