Fern Ridge Oak Park
Closed-sale statistics for Fern Ridge Oak Park, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $267,500
- Median days on market
- 8
- List-to-sale ratio
- 103.9%
12 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 $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.
How Fern Ridge Oak Park compares in Oak Park
Of the 11 Oak Park subdivisions and condo projects we publish statistics for, Fern Ridge Oak Park's $267,500 median ranks 4 of 11 — 9% above the tracked-Oak Park median of $245,000.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| The Manhattan | $290,000 | 9 | $8,640 |
| Beautiful Irvington | $277,500 | 6 | $8,248 |
| Courtness Park | $273,000 | 7 | $8,133 |
| Fern Ridge Oak Park | $267,500 | 12 | $7,951 |
| Northaven | $263,000 | 6 | $7,835 |
| Oak Park Manor | $245,000 | 15 | $7,359 |
| Kenwood Parkno 3 | $235,000 | 6 | $7,001 |
| Ferndale Wyoming | $233,000 | 7 | $6,926 |
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 Fern Ridge Oak Park?
The median closed sale price in Fern Ridge Oak Park (Oak Park) is $267,500, from 12 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Fern Ridge Oak Park?
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.
How does Fern Ridge Oak Park compare with other Oak Park subdivisions?
Its $267,500 median ranks 4 of 11 Oak Park projects we track — 9% above the tracked-city median of $245,000.
More context: Oak Park property tax rates · school district breakdowns · all calculators