$300,000
- 3 bd
- 2 ba
- 1,250 sqft
304 W Breckenridge St
Ferndale, MI Housing Market
$244,901
1.7% 1-yrThe average Ferndale, MI home value is $244,901, down 1.7% over the past year, and homes go to pending in around 18 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Ferndale Key Takeaways
Typical Home Values: $244,901
1-Year Value Change: -1.7%
(Data through September 30, 2026)
Ferndale Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 145 ()
New Listings: 51 ()
Median Sale to List Ratio: 0.997 ()
Median Sale Price: $254,500 ()
Median List Price: $257,483 ()
Percent of Sales Over List Price: 40.2% ()
Percent of Sales Under List Price: 43.2% ()
Median Days to Pending: 18 ()
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Ferndale
- NameMedian ZHVI
- Green Acres$197,805
- Garden Homes$67,309
- Sherwood Forest$370,754
- Palmer Woods$546,839
- Penrose$43,429
- Eight Mile Wyoming$68,857
- Oak Grove$89,065
- Chaldean Town$66,733
Move forward with a local partner
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.
An equal housing lender. NMLS #10287.
Ferndale Rental Market Trends
Average Rent: $1,730 ()
National Average Rent: $1,913 ()
Month-Over-Month Change: -0.1% ()
Year-Over-Year Change: 4.8% ()
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Ferndale, MI?
The median home value in Ferndale, MI is $244,901 as of September 2026. This represents a 0.1% decrease compared to last month and a 1.7% decrease year-over-year.
How have home values changed in Ferndale, MI?
Home values in Ferndale, MI have decreased by 0.1% month-over-month and 1.7% year-over-year.
How do home values in Ferndale, MI compare to Oakland County, Michigan, and the national average?
The median home value in Ferndale, MI ($244,901) compares to: Oakland County ($365,826), Michigan ($260,545), and the U.S. national median ($364,236).
