48220 Real Estate Market Overview

Could Ferndale, MI 48220 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 48220. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 48220 such as Royal... Oak and Oak Park. When you’re ready, Trulia has 46 resale and new homes in 48220 lined up for you, including 2 open houses, and 58 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$143,250

Median Sales Price

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$141

Price Per Sqft

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$1,100

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 48220 show a 7% year-over-year rise in median sales price and a -2% drop in median rent per month.

Median Sales Price
The median sales price for homes in 48220 for Jan 20 to Apr 19 was $143,250 based on 54 home sales.
Price Per Square Ft.
Average price per square foot for 48220 was $141, an increase of 14% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 48220 for Mar 20 to Apr 20 was $1,100.

Crime

Most frequent crimes in the past year

48220 has very low crime relative to the rest of Oakland County.

Knowing more about crime activity in and around 48220 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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6

Counts of Theft

2

Counts of Assault

2

Counts of Robbery


Best Schools in 48220

There are 11 schools in 48220.

Elementary Schools
5

Roosevelt Primary School

Public, PK - 3

4

Coolidge Intermediate School

Public, 4 - 6

4

Webb Elementary School

Public, PK - 5

Middle Schools
5

Ferndale Middle School

Public, 7 - 8

N/A

Edison-Oakland Public School Academy

Public, K - 8

High Schools
5

Ferndale High School

Public, 9 - 12

3

University High School

Public, 9 - 12

N/A

Ferndale Adult Alternative Education

Public, 9 - 12


Demographics

Get to know your neighbors in 48220 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
54%
Single residents
Home owners
61%
Home owners
Median age
35
Median age
Household income
$47,804
Median household income
College educated
38%
College educated

Commute

Most people in 48220 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
94% commute by car
0% commute by bike
2% commute by public transportation
3% commute by foot

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