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Ferndale, WA

Full City Profile · Washington · Island County County

3.1 /5.0
B Good
15,447 Population 2,145/sq mi density
$83,839 Median Income $37,688 per capita
$492,400 Home Value $608,145 Zillow
$1,461 Median Rent 33.6% income on rent
51°F Avg Temperature 248 sunny days/yr
215 Violent Crime/100K 2,888 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$83,839 median income, 2.7% unemployment
B
Affordability
3.4 / 5.0
$492,400 home value, $1,461/mo rent
F
Safety
1.0 / 5.0
215 violent crimes/100K
B+
Education
3.6 / 5.0
32.8% bachelor's degree or higher

Housing Overview

Median Home Value
$492,400
75% above
US avg: $281,900
Median Rent
$1,461/mo
26% above
US avg: $1,163/mo
Homeownership Rate
66.1%
1% above US avg (65.4%)
Total Housing Units
5,624
Median year built: 1995

Home Value by Source

Census Median
$492,400
Zillow (ZHVI)
$608,145
Median Sale Price
$625,885
Median List Price
$660,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.1%
Owner-Occupied
33.9%
Renter-Occupied
66%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent: $1,461/mo · Zillow rent: $2,078/mo

Market Indicators (Redfin)

Median Days on Market
73 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$354
Active Inventory
42
homes for sale

Affordability & Housing Stock

Rent Burden
33.6%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
66.1%

Complete Housing Data

Home Values

Census Median Value$492,400
Zillow Home Value (ZHVI)$608,145
Median Sale Price$625,885
Median List Price$660,000
Price Per Sq Ft$354

Rent

Census Median Rent$1,461
Zillow Rent (ZORI)$2,078
FMR Studio$1,082
FMR 1-Bedroom$1,180
FMR 2-Bedroom$1,472
FMR 3-Bedroom$2,003
FMR 4-Bedroom$2,351

Market

Days on Market73
Sale-to-List Ratio1.0%
Price Drops16.7%
Homes Sold12
Active Inventory42
Price Per Sq Ft$354

Ownership & Stock

Owner-Occupied66.1%
Renter-Occupied33.9%
Homeownership Rate66.1%
Total Housing Units5,624
Median Year Built1995
Rent Burden33.6%