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Preforeclosure Homes in Ferndale, WA

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1 View this home at Harksell Rd Ferndale WA 98248
Preforeclosure
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$446,684 EMV
Harksell Rd
Ferndale, WA 98248
Single-Family
|
4 |
2
|
1,801
EST. RENT: $0
|
AUCTION: 06-14-2024
Single-Family
|
4 |
2
|
1,801
View this home at Glenmore St Ferndale WA 98248
Preforeclosure
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$480,175 EMV
Glenmore St
Ferndale, WA 98248
3 |
2
EST. RENT: $1,930
|
AUCTION: 06-14-2024
3 |
2
5 View this home at Glenmore St Ferndale WA 98248
Preforeclosure
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$676,192 EMV
Glenmore St
Ferndale, WA 98248
Single-Family
|
4 |
3.5
|
2,177
EST. RENT: $1,770
|
AUCTION: 04-26-2024
Single-Family
|
4 |
3.5
|
2,177
View this home at Ferndale Ter Ferndale WA 98248
Preforeclosure
VIEW DETAILS
$472,878 EMV
Ferndale Ter
Ferndale, WA 98248
Single-Family
|
3 |
1
|
1,398
EST. RENT: $1,640
|
AUCTION: 05-17-2024
Single-Family
|
3 |
1
|
1,398
Displaying 1 - 5 of 5
 
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Home Value Estimator For Ferndale, WA

There are currently 9,447 real estate properties in Ferndale, WA, with a median automated valuation model (AVM) price of $529,750.00. 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 $580,510.00, with the most expensive house in Ferndale, WA, topping out at $7,690,400.00 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 $1,672.00. 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 $1,640.00. 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.


Top Reasons To Live In Ferndale, WA In 2024

Ferndale is located in Whatcom, Washington, with an estimated municipal population of 14,897 residents. All of the best foreclosed homes for sale in Ferndale are located in the following zip code areas on Foreclosure.com: 98248. The estimated population per square kilometer (.62 miles) in Ferndale is 823.


Cost Of Living In Ferndale, WA

So, about how much do homes cost in Ferndale? The most recent median value of resident-owned homes in Ferndale is 302,054. An estimated 69.5 percent of households in Ferndale own their homes, with an average family size of 3.25. The median household income in Ferndale is 73,074, with30.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ferndale, the median commute time of resident workers (in minutes) is 22.3. And last, but certainly not least, are you looking for homes to rent in Ferndale? If so, the average rent price paid by renters in Ferndale is 996, according to recent statistics.


Diversity And Demographics In Ferndale, Washington

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Ferndale, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Ferndale is 36.9, split between 50.1 percent male versus 49.9 female. The percentage of residents who report being married in Ferndale is 51.9, with an average family size of 3.25.

The percentage of residents who report their race in Ferndale is as follows:

White 81.7%
Black / African American 0.3%
Asian 5.6%
American Indian / Alaskan Native 3.4%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 3.1%
Other 5.8%

Looking for family-friendly neighborhoods in and/or near Ferndale? Or maybe you are searching for 55+ active adult communities in and/or near Ferndale?

The percentage of residents who report their age in Ferndale is as follows:

Under 10 13.3%
Aged 10-19 14%
20s 14.2%
30s 12.4%
40s 13.9%
50s 13.3%
60s 10.1%
70s 5.5%
80+ 3.4%

Best Schools In Ferndale, Washington

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Ferndale with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Ferndale.


Pros And Cons Of Living In Ferndale, Washington

How do you know that living in -- or moving to -- Ferndale is right where you need to be? Perhaps you grew up in Ferndale or already live nearby; therefore, the decision to buy a home in Ferndale is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Ferndale for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Ferndale:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Ferndale.


Reasons To Move To Ferndale, Washington, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Ferndale can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Ferndale, meanwhile, can field multiple offers from more qualified buyers.

Ferndale, WA Preforeclosure Homes


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