Ferrysburg Home Prices & Values

$180,300 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 5.5% 1-year change
  • 1.6% 1-year forecast

The median home value in Ferrysburg is $180,300. Ferrysburg home values have gone up 5.5% over the past year and Zillow predicts they will rise 1.6% within the next year. The median price of homes currently listed in Ferrysburg is $249,900.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Ferrysburg is 1.7%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Ferrysburg homeowners underwater on their mortgage is 9.5%.

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Relative ZHVI
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Ferrysburg Market Overview

Data through Jul 31, 2014
  • $180,300 ZHVI
  • 1.6% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $249,900 Median listing price
  • No data Median sale price
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Ferrysburg Market Health

Data through Jul 31, 2014
  • 8.1/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 9.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Grand Haven Township $166,500 Spring Lake $143,200 Fruitport Township $125,000
Ravenna $109,900 Norton Shores $106,800 Roosevelt Park $82,200

Listings & Sales

Data through Jul 31, 2014
  • $182 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 24.1% Listings with price cut
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Ferrysburg Rentals

Data through Jul 31, 2014
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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