Residential

Ferndale, MI Residential Land & Home Lots for Sale

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LAND - Ferndale, MI
Updated: Jul 29
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: Jun 8
City-Approved Apartment Development Land

637 Livernois St, Ferndale, MI 48220

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0.50 AC lot
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

1589 Channing St, Ferndale, MI 48220

$60,000

Residential land & home lots

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

Vacant Lot in Hazel Park
Vacant Lot in Hazel Park

W Evelyn Avenue, Hazel Park, MI 48030

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0.11 AC lot

Rare vacant lot to build your dream home.

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Vacant Residential Infill Lot
Vacant Residential Infill Lot

1044 Fernhill Street, Highland Park, MI 48203

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Vacant residential lot just off Woodward Avenue with regional connectivity to Downtown Detroit, Ferndale, and Royal Oak.

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LAND - Hazel Park, MI
LAND - Hazel Park, MI

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

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0.10 AC lot

Land · 0.10 Acres

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Residential Land in State Fair
Residential Land in State Fair

Highland Park, MI 48203

$51,000
0.29 AC lot

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

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

Explore 3 residential land & home lots for sale in Ferndale, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 26,572 square feet of properties for sale, with an estimated market value of $150,000.

Sale prices for home sites in Ferndale, MI start at $60,000, averaging $75,000, and reaching up to $90,000 — 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

Commercial land 3
Residential land & home lots 2
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 $90K

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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