Unshakable ZIP Data 48220 | Ferndale, MI Housing Market
Ferndale · Oakland County · Detroit-Warren-Dearborn, MI metro · Michigan · Data updated June 19, 2026
The median sale price in ZIP 48220, Ferndale, Michigan is $265,044 at $227 per square foot. 110 single-family homes sold in the latest period, down 3.4 percent from a year earlier. Homes sit a median of 18 days on market with 2.6 months of supply. Sellers are getting 100.1 percent of list price and 44.9 percent of homes sold above asking.
Seller's market. No room for sloppy offers.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $249,034 | |
| Average price per sq ft | $214 | |
| Median sale price | $265,044 | |
| Median sale price per sq ft | $227 | |
| Median home size | 1,166 sq ft | |
| Median new listing price | $267,612 | +3.3% |
| National size rank | 5,600 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 110 | -3.4% |
| Median days on market | 18 days | |
| Months of supply | 2.6 months | |
| New listings | 193 | +14.1% |
| Active listings | 247 | +7.5% |
| Pending sales | 149 | +6.4% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 100.1% | +0.5 pts |
| Share sold above list | 44.9% | +11.5 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
1-bedroom
$179,532
2-bedroom
$208,811
3-bedroom
$269,124
4-bedroom
$313,108
5-bedroom
$317,211
These figures describe the single-family market for Ferndale, Michigan ZIP 48220. They are market context, not a substitute for sold comps or a formal appraisal.