Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 4 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 2 | 4 |
Acreage buckets
The median price for land in Ferndale, Michigan is currently $636K per acre. For a typical parcel, the median sale price is $109K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $80K while premium lots reached $133K.
Over the past 12 months, Ferndale, Michigan saw 4 properties sold, totaling $428K in sales volume.
The median land price in Ferndale, Michigan stands at $109K. This translates to roughly $636K per acre for the typical parcel size. The average price is $107K, showing a fairly consistent market.
There are currently 3 active listings in Ferndale, Michigan. 3 new listings have hit the market in the last 90 days. The median asking price is $60K.
Land in Ferndale, Michigan typically sells within 5 days of listing. The median time on market is 5 days. Properties are moving quickly in the current strong buyer's market.
The top-performing broker in this market is @properties Christie's Int'l R.E. Birmingham.
The 12-month rate is 11.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Ferndale on LandyDandy.
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