Ferndale Real Estate Market Sees Home Sales On the Rise

Over the last 30 days, the Ferndale market reported positive news with six homes sold, a 20.0% increase from last week's report. In comparison, nearby Baltimore had 622 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $197,500 over the latest reporting period for Ferndale, down from $254,000. Ferndale is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in Ferndale:

$359K   $289K   $314K  

Get started right now by checking out Ferndale homes for sale or reviewing Ferndale real estate trends.

Demographic facts for Ferndale:

  • The percentage of the population who own their homes is 57.4%.
  • The one-year job growth rate in this area is 1.29%.
  • There are 15.8 students for every teacher. (15.3 = national average)

Data reported through 1/11/2017

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