Is Ferndale, NY 12734 a buyer’s or seller’s market?
Ferndale is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Ferndale housing market right now
In the three months ending August 31, 2026, 0% of homes in Ferndale, NY 12734 sold above their list price, the typical home went under contract in 114 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (13 days then) and the median sale price fell 29% to $274,881. Overall, Ferndale is less competitive than a year ago, which gives buyers more room.
Within Sullivan County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Kenoza Lake 12750 (100% sold over asking) and Mountain Dale 12763 (100% sold over asking) are even more competitive.
Run the numbers for 12734
Nearby markets
Barryville 12719Buyer’s market $336 /sq ftBethel 12720 — /sq ftBloomingburg 12721Balanced $234 /sq ftCallicoon 12723Balanced $275 /sq ft Browse all markets →Where Ferndale is
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Questions about Ferndale real estate
Is Ferndale a buyer’s or seller’s market?
A buyer’s market: there were 7.5 months of supply in Ferndale, NY 12734 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Ferndale?
The typical home went under contract in 114 days in the latest three months.
Do homes in Ferndale sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.
What are property taxes in Ferndale?
About 2.00% of a home’s value a year in Sullivan County, or roughly $8,000 on a $400,000 home.
What is the median home price in Ferndale?
The median sale price was $274,881 in the three months ending August 31, 2026, about $286 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology