Median price for residential apartments in Ferndale, CA as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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8 Ferndale, CA 95536, USA apartments for sale
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Ferndale
According to statistics, the population in Ferndale, CA amounts to 1,458, which shows growth 3% compared to the previous year. The median age of the city’s residents is 46. The average household income is $41,696, shifting growth 2% from the past year, and the average property value in Ferndale, CA growth 5% to $368,800 throughout the year.
| Population | 1,458 |
| Median Age | 45.6 |
| Poverty Rate | 13% |
| Household Income | $41,696 |
| Number Of Employees | 647 |
| Median Property Value | $368,800 |
Household Income
The average household income in Ferndale, CA grew from $41,042 to $41,696 in the past year. This data is an estimate based upon 639 households in Ferndale, CA . The chart below presents how household income is distributed in Ferndale, CA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Ferndale, CA shifted from $352,900 to $368,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Ferndale, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Ferndale, CA properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Ferndale, CA compared to median property taxes around the country. The prevalent amount of property taxes in Ferndale, CA equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Ferndale, CA 95536, USA
Average apartment sale in Ferndale: $515,292 (+3.1%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| 2-bed apartments | $585,000 | +0% |
| 3-bed apartments | $414,900 | +0% |
| 4+ bed apartments | $599,000 | N/A |
During Jan 2023, the average price for an apartment in/near Ferndale, CA increased by 3.1% to $515,292.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $585,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $414,900. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $599,000 for a big-family home.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Houses for sale | $515,292 | +3.1% |
Price reports demonstrate that house price increased by 3.1% this month making it up to $515,292.
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