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Ferndale, WA 98248 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Ferndale, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 7070PendingPending sales: 44
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): $700k$700kSoldMedian sold price (last 6 months): $625k$625k
What homes actually sell for in Ferndale, WA
Distribution of 184 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $512k to $760k
$210k to $334k: 7 sales$210k$334k to $458k: 17 sales$458k to $581k: 45 sales45sales$458k$581k to $705k: 42 sales$705k to $829k: 27 sales$705k$829k to $952k: 16 sales$952k to $1.08M: 8 sales$952k$1.08M to $1.2M: 3 salesMedian $625k

What the numbers say

As of October 5, 2026, Resideline is tracking 70 active listings and 4 pending sales in ZIP code 98248. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $699,950, while the median of the 184 closed sales Resideline tracked over the last six months was $625,000. 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 68 days.

Frequently asked questions

What is the median home price in 98248?

The median closed sale price in Ferndale, WA 98248 was $625,000 over the last six months, based on 184 closed sales tracked by Resideline. The middle half of those sales ranged from $512,000 to $760,000.

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

Resideline is currently tracking 4 pending sales against 70 active listings in 98248, a pending-to-active ratio of 0.06. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 98248 currently looks like a balanced market.

Nearby ZIP code market data

Full Ferndale, WA housing market report →

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