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Rent To Own Homes in Ferndale, WA

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Ferndale, WA Foreclosures

How much do homes sell for in Ferndale, WA?
The average home price is currently $653,235.
In Ferndale, WA, how many homes are available?
There are currently 9 active home listings available in Ferndale.
What’s the average rental cost in Ferndale, WA?
The average rental price in Ferndale is $1,668.
What is the most expensive home in Ferndale?
The most expensive home sold in Ferndale had a price of $71,395,976.
What is currently the cheapest priced home in Ferndale, WA?
The cheapest home for sale in Ferndale is priced at $24,186.

Living in Ferndale, WA

Ferndale, WA, is a cozy city that boasts charming neighborhoods, a vibrant local culture, and beautiful outdoor spaces. It offers a friendly community atmosphere with great schools and access to recreational activities. Its proximity to Bellingham provides additional amenities for residents.

Current Market Conditions in Ferndale, WA

Currently, the real estate market in Ferndale shows a robust demand with an increase in home prices over the last year. This is attributed to the rising desirability of suburban living as more individuals seek larger spaces away from urban centers, yet still maintain accessibility to city amenities. Homes in Ferndale are noted for their value, with many buyers considering the area's strong community and scenic views a priority.

Ferndale has also seen an influx of new construction projects, with builders catering to the high demand for single-family homes. The market is characterized by a mix of traditional homes and newer developments, attracting a diverse demographic that includes families, retirees, and young professionals.

Home Value Estimator For Ferndale, WA

There are currently 10,626 real estate properties in Ferndale, WA, with a median automated valuation model (AVM) price of $591,302.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ferndale, WA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ferndale, WA, is $653,235.00, with the most expensive house in Ferndale, WA, topping out at $71,395,976.00 and the cheapest home in Ferndale, WA, clocking in at $24,186.00. In other words, there’s something for every potential homebuyer or savvy investor in Ferndale, WA!

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.

Ferndale, WA Rent To Own Homes

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