Market Overview
Home Prices in Ferrysburg, MI
The median home value in Ferrysburg, MI is $415,038 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ferrysburg are priced1% above average. Ferrysburg is part of the Grand Rapids-Kentwood, MI metro area.
Over the past five years, Ferrysburg home values have risen by approximately30.9%, reflecting strong long-term appreciation in this market.
Price History
Ferrysburg Home Price Trend
City Comparison
Ferrysburg vs. National Median
At $415,038, homes in Ferrysburg cost 1% above the national median of $410,000. Buyers in Ferrysburg should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ferrysburg?
20% Down Payment
$83,008
on $415,038
Monthly P&I
$2,165/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,750/mo
incl. taxes & insurance
Income Needed
$110,000
gross annual (30% rule)
10% Down Option
$41,504
+ PMI applies
Loan Amount (20% dn)
$332,030
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ferrysburg, MI?
The median home value in Ferrysburg is $415,038 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7% year-over-year.
How much have home prices changed in Ferrysburg?
Over the past year, home values in Ferrysburg have increased by 7%. Over five years, prices have risen approximately 30.9%.
How much do I need to earn to buy a home in Ferrysburg?
To comfortably afford the median home price of $415,038 with a 20% down payment ($83,008) at today's rates (6.8%), you'd need a gross annual income of approximately $110,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Ferrysburg compare to the national average home price?
The national median home value is approximately $410,000. At $415,038, homes in Ferrysburg are 1% above the national average.
What metro area is Ferrysburg part of?
Ferrysburg is part of the Grand Rapids-Kentwood, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.