The story of this market
The typical home in Ferrysburg, Michigan sells for about $330,000, or $277 per square foot.
Prices are up +5.8% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
Monthly price momentum
Home values since 2015
+4.5%
MI · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Ferrysburg, Michigan
Ferrysburg remains a stable, high-demand market characterized by low inventory and strong owner-occupancy rates. The city's appeal as a waterfront community continues to drive property values, though growth is tempered by limited land availability. Market conditions are currently favorable for sellers, with homes selling near asking prices.
No ARED county foreclosure postings attributed to Ferrysburg yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 44 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 8.5% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major local park offering beach access, trails, and recreational facilities that serve as a primary community anchor.
Provides significant recreational value for boating, fishing, and scenic views, driving property demand in the area.
Ferrysburg is ideal for families and retirees seeking a quiet, park-friendly community with strong waterfront access and a lower cost of entry compared to neighboring Grand Haven or Spring Lake.
Public education is primarily served by the Grand Haven Area Public Schools, which is generally regarded as a high-performing district within Ottawa County.
The city is primarily served by local road networks with easy access to major regional highways, facilitating commutes to Grand Haven and Grand Rapids.
Ferrysburg is highly regarded for its access to the Grand River, Spring Lake, and Lake Michigan, offering extensive parkland and waterfront recreational opportunities for residents.
The rental market is characterized by limited inventory and steady demand, with a significant portion of the housing stock being owner-occupied, keeping vacancy rates low.
The local economy is anchored by regional manufacturing and tourism, with strong ties to the broader Ottawa County labor market.
Economic momentum is driven by its location within the Grand Haven-Spring Lake corridor, benefiting from regional tourism and proximity to major manufacturing employers in Ottawa County.
Development is focused on maintaining the city's suburban character while integrating new residential projects near the waterfront.
Parcels are subject to standard municipal, county, and school district levies, with no major special assessment districts reported.
Ferrysburg maintains a relatively low crime profile consistent with small-town West Michigan, generally reporting lower violent crime rates than larger urban centers in the region.
The city faces moderate environmental risks due to its proximity to the Grand River and Lake Michigan, necessitating awareness of flood-plain management and shoreline erosion.
Property insurance premiums are influenced by the city's proximity to water, requiring standard flood and wind coverage for many residential properties.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from data.census.gov and Census Reporter profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.