Elsinore
Closed-sale statistics for Elsinore, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $360,000
- Median days on market
- 4
- List-to-sale ratio
- 102.1%
8 closed sales, 2025-09-01 to 2026-09-01
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $360,000, in Ferndale City School District at 47.16 homestead mills, the year-two bill is approximately $8,488 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
How Elsinore compares in Ferndale
Of the 23 Ferndale subdivisions and condo projects we publish statistics for, Elsinore's $360,000 median ranks 3 of 23 — 37% above the tracked-Ferndale median of $261,870.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| Woodland Park | $455,000 | 13 | $10,728 |
| Anson Ridge | $430,000 | 7 | $10,139 |
| Elsinore | $360,000 | 8 | $8,488 |
| Woodward Heights Ferndale | $357,500 | 14 | $8,429 |
| Greenwood Park | $341,500 | 6 | $8,052 |
| Michelson Woods | $327,500 | 6 | $7,722 |
| Leggett Farm | $295,000 | 31 | $6,956 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
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Common questions
What is the median home price in Elsinore?
The median closed sale price in Elsinore (Ferndale) is $360,000, from 8 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Elsinore?
At the median price, taxable value uncaps to roughly $180,000 and the year-two bill in Ferndale City School District is approximately $8,488 at homestead rates.
How does Elsinore compare with other Ferndale subdivisions?
Its $360,000 median ranks 3 of 23 Ferndale projects we track — 37% above the tracked-city median of $261,870.
More context: Ferndale property tax rates · school district breakdowns · all calculators