There are services that provide residential real estate price estimates based on what comparable homes nearby recently sold for and the basic elements of a home’s construction (e.g. number of bedrooms, bathrooms, square footage).
Here are some recent estimates and approximations about the Ferndale real estate market according to a few of those services:
Zillow
$338,900 – Median value
$399,000 – Median price of homes listed
$343,657 – Price estimate for a 2,000sf 2-story 4bd/2.5ba residence on 1/3 acre
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Click for more informationTrulia
$310,325 – Median sales price
$344,207 – Price estimate for a 2,000sf 2-story 4bd/2.5ba residence on 1/3 acre
Realtor.com®
$380,000 – Median price of homes listed
$285,000 – Median sale price of recently sold homes
$346,300 – Price estimate for a 2,000sf 2-story 4bd/2.5ba residence on 1/3 acre
For historical comparison, in December 2014, Zillow reported the median price of homes listed was $304,900 while the median price of homes that sold was $238,027.”