Foreclosure Homes in Ferndale, WA 98248

Current Market Conditions in Ferndale, WA

The real estate market in Ferndale, WA has experienced steady growth over the past year, with home values appreciating due to increased demand for housing in the area. Buyers are drawn to the community for its quality of life, proximity to larger cities, and outdoor amenities.

Recent trends indicate a competitive market, with many homes selling quickly and often above the asking price. The area continues to attract new residents due to its affordable housing options compared to nearby urban centers.

Rent Prices In Ferndale, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ferndale, WA, is on a rollercoaster ride. The average rent price in Ferndale, WA, is $1,668.00. Indeed, when looking to rent in Ferndale, WA, you can expect to pay as little as $720.00 or as much as $3,680.00, with the average rent median estimated to be $1,630.00. The good news is that finding an affordable and desirable property to rent in Ferndale, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.