481 Academy Ave, Ferndale, MI 48220
OFF MARKET

$187,100

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,033 sqft

481 Academy Ave, Ferndale, MI 48220

Est. Refi. Payment $1,256/mo*
Refinance Your Home
Currently Off Market - Sold Dec 1, 2017 for $99,000

Home Value

Trulia Estimate
$187K
Since last month
Decreased$300 (-0.2%)
Since last year
Decreased$13K (-6.3%)
Since last sale
Increased$88K (+88.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +51% in the last 10 years
MonthEstimated value
2026
August 2026$187K
August 2026$187K
July 2026$187K
June 2026$195K
May 2026$193K
April 2026$192K
March 2026$192K
February 2026$189K
January 2026$185K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
624 E Saratoga St, Ferndale, MI
0.13
Single-Family Home
$139,000
07/01/26
2
1
766
495 E Hazelhurst St, Ferndale, MI
0.20
Single-Family Home
$132,754
08/04/26
2
1
1,000
960 E Troy St, Ferndale, MI
0.28
Single-Family Home
$145,000
11/19/25
2
2
984
556 Academy St, Ferndale, MI
0.07
Single-Family Home
$265,123
04/17/26
2
1
1,422
535 E Saratoga Ave, Ferndale, MI
0.11
Single-Family Home
$207,550
12/26/25
3
1
1,000
535 E Saratoga St, Ferndale, MI
0.11
Single-Family Home
$207,550
12/17/25
3
1
943
1025 E Breckenridge St, Ferndale, MI
0.40
Single-Family Home
$100,000
08/19/26
3
1
1,216
191 University St, Ferndale, MI
0.20
Single-Family Home
$190,000
08/10/26
2
1
798
247 Albany St, Ferndale, MI
0.45
Single-Family Home
$116,000
08/07/26
2
1
922
507 Vester St, Ferndale, MI
0.26
Single-Family Home
$215,000
07/10/26
3
1
946

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
465 Academy St, Ferndale, MI 48220
0.01
-
3
1.5
1,794
Off Market
480 Ardmore Dr, Ferndale, MI 48220
0.02
$445,000
3
2
2,052
For Sale
461 Academy St, Ferndale, MI 48220
0.02
$271,800
3
1
1,100
Off Market
466 Ardmore Dr, Ferndale, MI 48220
0.03
$527,700
3
2.5
2,221
Off Market
510 Academy St, Ferndale, MI 48220
0.05
$304,700
3
2
1,202
Off Market
462 ARDMORE DR, FERNDALE, MI 48220
0.03
-
3
3.5
2,186
Off Market
525 Ardmore Dr, Ferndale, MI 48220
0.04
$177,800
1
1
647
Off Market
537 Academy St, Ferndale, MI 48220
0.05
-
2
1
853
Off Market
454 Academy St, Ferndale, MI 48220
0.04
-
4
1.5
1,404
Off Market
435 Academy St, Ferndale, MI 48220
0.04
$610,400
3
2.5
2,400
Off Market
544 Academy St, Ferndale, MI 48220
0.07
-
2
1
725
Off Market
556 Academy St, Ferndale, MI 48220
0.07
$265,123
2
1
1,422
Recently Sold

Local Information

  • Map ViewExplore the area around 481 Academy Ave.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1924
Living Area
1,033 sqft
Price/Sqft
$181
Parking
Garage

About this House

Great opportunity for an investment or starter home in Ferndale. Price reflects updates needed. Classic floorplan with large living room moving into the dining room. Big step down laundry room/furnace room off of the kitchen. Two bedrooms and full bathroom on the entry level. Fantastic potential awaits! Welcome home.
481 Academy Ave, Ferndale, MI 48220 is a 2 bedroom, 1 bathroom, 1,033 sqft single-family home built in 1924. It last sold for $99,000 on Dec 1, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $187,100, with a rent estimate of $1,673/month.

Home Details for 481 Academy Ave

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5
Appliances & Utilities
Cable ReadyDryerMicrowaveRefrigerator

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Crawl Raised
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Property Information

Year Built
Year Built: 1924
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 3484 sqft

Price and Tax history

DateEventPrice
Dec 1, 2017
Source: N/A
Sold
$99,000
Oct 21, 2017
Source: Agent Provided
Pending
$90,000
Oct 20, 2017
Source: Agent Provided
PendingToActive
$90,000
Oct 5, 2017
Source: Agent Provided
Pending
$90,000
Sep 29, 2017
Source: Agent Provided
Listed For Sale
$90,000

Market trends in Ferndale

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$261K
$6.35KMoM
Sale-to-List Price
100.0%
Price per sq ft
$218
$7MoM
Available listings
129
3MoM

Around this home

What Locals Say about Ferndale

At least 277 Trulia users voted on each feature.

  • 97 % Say there are sidewalks

  • 96 % Say it's dog friendly

  • 90 % Say it's walkable to restaurants

  • 88 % Say yards are well-kept

  • 80 % Say people would walk alone at night

  • 76 % Say streets are well-lit

  • 75 % Say it's walkable to grocery stores

  • 72 % Say car is needed

  • 68 % Say there's holiday spirit

  • 67 % Say kids play outside

  • 63 % Say neighbors are friendly

  • 62 % Say parking is easy

  • 60 % Say they plan to stay for at least 5 years

  • 58 % Say it's quiet

  • 55 % Say there's wildlife

  • 46 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Corey Smith
    "Easy commute because of access to 696 and 75. Woodward not far either, major arteries and roads are nearby."
    0
    Flag
  • Neeli
    "Friendly family community beautiful fun accepting. All houses and lawns are well maintained and neighbors know neighbors. "
    0
    Flag
  • Rebecca Richardson
    "There is a fest nearby once a year and an art fair hosted there as well! School nearby with a soccer league for kids in the park!"
    0
    Flag
  • Stacey Tobar
    "The unique quality of homes and diverse people. Very eclectic and environmentally conscious. Enjoy the well maintained streets, walks and bike paths/routes"
    0
    Flag
  • Stacey Tobar
    "There is a dedicated dog park for small and large dogs. People are out and about with their pets. There is also a fantastic network of bike lanes"
    0
    Flag
  • Carrieroeder
    "Great dog parks in the area and plenty of places to walk. Festivals downtown are also pet friendly. "
    0
    Flag
  • JL
    "Good restaurants and boutique shops, 5 mins from royal oak, very close to major highways, plenty of green space "
    0
    Flag
  • Marymcelmury
    "Ferndale is a great little city and always has something going on. great neighbors and wonderful High School."
    6
    Flag
  • Dd S.
    "Friendly, open-minded, walkable and dog friendly. Great parks, community center, amazing food and bike lanes."
    1
    Flag
  • Curtis S.
    "Most owners a very conscientious of other dogs and their owners - almost to a distancing fault then there’s some that trust their dogs so much they disregard how other dogs might behave."
    3
    Flag
  • Sirinitysdaughtr
    "We have multiple festivals each year including but not limited to: Pig and Whiskey, DIY Festival, Dream Cruise and more. There are plenty of events that bring people to the area and the community is extremely welcoming and kind. "
    1
    Flag
  • Patrick V.
    "Good commute. Takes no longer than 15-20 to get to any major city nearby. While you’re in a small community, it feels like a family environment too. "
    2
    Flag
  • Octavia D.
    "This is a wonderful place for families: safe, diverse, friendly neighborhood with an amazing community. "
    1
    Flag
  • Zack D.
    "Lots of playgrounds and places to walk to. I wish downtown was more child friendly but still enjoy going out with our kids. Lovely place to live! "
    1
    Flag
  • Brieann S.
    "Quiet neighborhood, nice and homie. There are great people who live here but there are also a lot of people who smoke marijuana and drink a lot so not a place for kids at all"
    3
    Flag
  • Claudius.kremer
    "I previously came here and I’m impressed if this lifestyle, all the jung people and their cool kind of doing sports, going for a walk and living their life ! "
    1
    Flag
  • Jonathan.w.evans3
    "Great! Very easy and clean. It does get pretty busy during rush hour. Other than that it’s fine. A very small, but big city. Love living here. "
    0
    Flag
  • Sarah
    "It’s a fun place to live. It’s a welcoming community. There are a lot of events over the summer. A lot of great local restaurants and businesses."
    0
    Flag
  • Klbrown64
    "We have an annual block party, people walk their dogs daily, people walk around the block daily, we help each other remove snow when necessary"
    1
    Flag
  • Aren W.
    "I’ve lived here for the past decade. I love this town! Highly suggest buying or renting if you can. "
    0
    Flag
  • Libby L.
    "Tons of dogs everywhere! People are good about picking up after their pups and respecting the space of other dog-walkers when out and about. "
    0
    Flag
  • Dcrosslin
    "DIY craft festival, Pig & Whiskey festival, Halloween events, Pride festival, Dreamcruise, winter ice sculptures"
    0
    Flag
  • Eric J.
    "festivals, everything is within walking distance, trendy restruants, great craft breweries, quirky shops, vibrant downtown, inclusive and accepting culture"
    0
    Flag
  • Jessica S.
    "lots of parks and dog-friendly places, the community is very dog-friendly, and generally neighbors are good stewards "
    0
    Flag
  • Aren W.
    "I love it here! Been living here for 9 years. Everything you could ever need is close and ton of awesome neighbors and friends all around! "
    0
    Flag
  • Linesvilleapartments
    "Easy access to 75 and 696. Very convenient to go to work almost anywhere in metro Detroit. Side streets are quiet given proximity to highways "
    0
    Flag
  • Tevonne M.
    "Safe Community, Very Walkable Get to know your neighbors! Sidewalks well maintained lots of parks to keep the kids off the streets."
    1
    Flag
  • Cass.varner
    "Safe environment, pet friendly, lots of recreational options. Lovely environment for all ages. Great for family"
    0
    Flag
  • Ferndale1
    "Generally open minded community. Younger couples that are friendly but give others space to live. Seeing growth as Ferndale business expand north"
    0
    Flag
  • Callie
    "The people are very friendly and come from many different backgrounds. It’s a very diverse and lively community with great culture."
    0
    Flag
  • Chris K.
    "nice diverse place with many social activities. safe feeling. friendly atmosphere. decent neighbors. great nightlife with walkable streets. "
    0
    Flag
  • Laura
    "It’s a 10 minute to downtown Detroit, a bike ride to Royal Oak, commuting northbound in the morning is against traffic, same coming home and there’s a ton of parks to walk to"
    0
    Flag
  • Hal_justhal
    "Access to maintained sidewalks is good. Some neighbors use chemical insecticides on their yards which would be dangerous to dogs. "
    0
    Flag
  • Cass.varner
    "Very friendly, safe, and lots of other pet parents. Lots of families and fun things to do, even a dog park. "
    0
    Flag
  • Curtis S.
    "Ferndale is a diverse and ever-growing community with all the amenities one could need in a small city with a tiny town feel. It’s accessible, reasonable, and Great place to live whether you’re on your own or raised in a family. "
    0
    Flag
  • Martell G.
    "everything is beautiful about ferndale ,it would bemuch better if i wasnt paying 840.00a month to stay in a room i NEED A HOUSE OR APARTMENT ASAP!÷"
    0
    Flag
  • Nancywatsonbarr
    "Unpretentious with lots of character. Walkable to library, yoga, eateries and shopping. Easy commute to Detroit and otter "
    0
    Flag
  • Luigj P.
    "I'm a big fan of the Ferndale area. The people are very welcoming and open minded. Cool restaurants and bars to check out. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 481 Academy Ave

  • What is 481 Academy Ave estimated to be worth?
    Trulia's estimated value for 481 Academy Ave in Ferndale, MI is $187,100.
  • What is the price history for 481 Academy Ave?
    481 Academy Ave in Ferndale, MI last sold for $99,000 in December 2017.
  • Is Ferndale a buyer's or seller's market?
    Ferndale is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Ferndale?
    The median sale price in Ferndale is $261K. That is up $6.35K from the prior month.
  • Does 481 Academy Ave have air conditioning?
    Yes, 481 Academy Ave in Ferndale, MI has air conditioning.
  • How big is the lot at 481 Academy Ave?
    The lot at 481 Academy Ave in Ferndale, MI is about 0.08 acres (3,484 sq ft).

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Outdoor Space

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Off Market Homes Near 481 Academy Ave

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