Closed-sale statistics for Fern Ridge Oak Park, with the property-tax reality attached — computed 2025-08-07 to 2026-08-11, not scraped from listings.
Median sale price
10 closed sales, 2025-08-07 to 2026-08-11
Median days on market
List-to-sale ratio
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $267,500, in Ferndale City School District at 59.45 homestead mills, the year-two bill is approximately $7,951 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
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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The median closed sale price in Fern Ridge Oak Park (Oak Park) is $267,500, from 10 sales 2025-08-07 to 2026-08-11.
At the median price, taxable value uncaps to roughly $133,750 and the year-two bill in Ferndale City School District is approximately $7,951 at homestead rates.
More context: Oak Park property tax rates · school district breakdowns · all calculators