Market Intelligence · WA / Ferndale

Ferndale, WA 98248 Housing Market

The typical home value in Ferndale, WA 98248 is $623,542, up 0.6% over the past year. The median list price stands at $699,000, with homes staying on the market for a median of 50 days.

Updated August 2026Median value$616K

The median home value in Ferndale, WA 98248 is $616K as of August 2026, up 0.9% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 98248 range

$566K to $665K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.9% over 12 months

Typical home value in 98248 over the last 12 months: $610K in Aug 2025 to $616K in Aug 2026 (+0.9%).

Aug 2025$610K

Aug 2026$616K

The numbers

What is the 98248 housing market like?

Typical home value

$616K

Up0.9%YoY

Median list price

$699K

Down1.1%MoM

Days on market

50

Up2.0%MoM

Homes for sale

107

Up10.3%MoM

Price cuts

22.2%

Up17.4%MoM

New listings

40

Up11.1%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 98248 home prices compare?

  • 98248$615,684
  • Ferndale$615,684
  • Washington$500,124
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Ferndale: 1 ZIPs; Washington: 485 ZIPs; United States: 26,265 ZIPs).

Context

Ferndale has 107 homes for sale as of August 2026, with 40 new listings recently added to the market. The median days on market of 50 suggests a moderate pace of sales activity. However, 22.2% of listings have received price cuts, indicating that some sellers are adjusting expectations. The modest year-over-year appreciation of 0.6% reflects a market where conditions favor neither buyers nor sellers strongly. If you are thinking about selling, expect a measured market where pricing strategy and condition matter.

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