Residential

Ferndale, MI Residential Land & Home Lots for Sale

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Vacant Land, Ferndale, MI
Updated: Jul 29
Vacant Land, Ferndale, MI

3356 Harris Street, Ferndale, MI 48220

$90,000
0.11 AC lot
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City-Approved Apartment Development Land
Updated: May 18
City-Approved Apartment Development Land

637 & 651 Livernois Street, Ferndale, MI 48220

$439,000
City‑approved for a 24‑unit apartment development
Convenient access to major roads and freeways
Located in Ferndale, surrounded by restaurants and shops
Many possible uses mentioned: residential, commercial, or medical
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Land
Land

00 Channing, Ferndale, MI 48220

$55,000

Residential land & home lots

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See hot listings in Ferndale

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Land
Land

3356 Harris Street, Ferndale, MI 48220

$90,000

Residential land & home lots

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Land
Land

1589 Channing St, Ferndale, MI 48220

$60,000

Residential land & home lots

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Land in State Fair
Residential Land in State Fair

1240 E STATE FAIR, Detroit, MI 48203

$51,000
0.29 AC lot

Land in Detroit's State Fair neighborhood, ideal for development.

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Vacant Lot for Sale
Vacant Lot for Sale

116 George Ave, Hazel Park, MI 48030

Contact for pricing

Vacant residential lot available for sale, suited for buyers looking to establish a new home site.

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Land, Detroit, MI
Land, Detroit, MI

20536 Fayette Street, Detroit, MI 48203

Contact for pricing
0.35 AC lot

Land · 0.35 Acres

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Vacant Land, Hazel Park, MI
Vacant Land, Hazel Park, MI

E Madge lot: #34, Hazel Park, MI 48030

Contact for pricing
0.10 AC lot

Land · 0.10 Acres

View details

Ferndale, MI Residential Land & Home Lots Market Trends and Statistics

Explore 5 residential land & home lots for sale in Ferndale, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 4,792 square feet of properties for sale, with an estimated market value of $734,000.

Sale prices for home sites in Ferndale, MI start at $55,000, averaging $146,800, and reaching up to $439,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 4
Commercial land 3
Industrial land 1

Demographics Overview

Population 22K
Population Growth (5Y) -5.7%
Median Household Income $86,095
College Educated 72.2%

High-Yield Neighborhoods for Investment

Identify Ferndale submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48220 $146.8K

Taxes & Financing

Tax Rate (average for all types) 4.51%
Property Tax per SF $25.33 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

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