98248, Ferndale, WA

The 98248 zip code of Ferndale, WA has a median home value of $236,000 and a median home equity value of $142,000. The average home size in this zip code is 2,547 square feet. There are approximately 1,814 homes in the 98248 zip code. The population density in this zip code is 3 people per square mile.

There are a number of factors that influence the price of homes in a given area. Some of these factors include the availability of land, the level of demand for homes in that area, and the quality and condition of the homes that are currently available for sale. In addition to these general market conditions, local government regulations can also affect home prices. For example, zoning laws may restrict the number or type of homes that can be built in an area, which can lead to increased demand for existing homes and higher prices for those properties.

Overall, it is evident that there is considerable variation in home prices within the 98248 zip code. This variation is likely due to a variety of factors including local market conditions and local government regulations. While it is difficult to predict exactly how any one factor will impact prices over time, it is clear that there are many factors at play when it comes to determining home values in any given area