Start Free
All market snapshots / 98248

Ferndale, WA 98248 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Ferndale, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 6363PendingPending sales: 77
Ferndale, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $699k$699kSoldMedian sold price (last 6 months): $618k$618k
What homes actually sell for in Ferndale, WA
Distribution of 171 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $499k to $760k
$269k to $385k: 11 sales$269k$385k to $502k: 24 sales$502k to $618k: 43 sales43sales$502k$618k to $734k: 35 sales$734k to $851k: 18 sales$734k$851k to $967k: 12 sales$967k to $1.08M: 8 sales$967k$1.08M to $1.2M: 2 salesMedian $618k

What the numbers say

As of October 26, 2026, Resideline is tracking 63 active listings and 7 pending sales in ZIP code 98248. That pending-to-active ratio of 0.11 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $699,000, while the median of the 171 closed sales Resideline tracked over the last six months was $618,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 98248 for 87 days.

Frequently asked questions

What is the median home price in 98248?

The median closed sale price in Ferndale, WA 98248 was $618,000 over the last six months, based on 171 closed sales tracked by Resideline. The middle half of those sales ranged from $499,000 to $760,000.

Is 98248 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 63 active listings in 98248, a pending-to-active ratio of 0.11. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 98248 is currently a typical-pace market.

Nearby ZIP code market data

Full Ferndale, WA housing market report →

Running a deal in 98248? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 98248 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.