Is Vernon County, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Vernon County has remained a Seller's Market.
Key Takeaway
Vernon County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vernon County, WI
How much do homes in Vernon County, WI cost?
Median Sold Price
$230,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Vernon County have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Vernon County was $230,000 in May 2024, down 2.6% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $208.5K | $165K | -20.9% |
| 2 Bedrooms | $188.7K | $187K | -0.9% |
| 3 Bedrooms | $248.7K | $237.4K | -4.5% |
| 4 Bedrooms | $307K | $269K | -12.4% |
| 5+ Bedrooms | $338K | $334.9K | -0.9% |
Summary: Vernon County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.9%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Counties
| La Crosse County | $270K | $300.3K | +11.2% |
| Monroe County | $221K | $240K | +8.6% |
| Richland County | $210K | $215K | +2.4% |
| Vernon County | $236.2K | $230K | -2.6% |
Housing Supply in Vernon County, WI
How many homes are available in Vernon County, WI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 75 | 78 | +4.0% |
Summary: The Vernon County real estate market had 78 homes for sale in May 2024, a 4.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 33 | 42 | +27.3% |
| 4 Bedrooms | 22 | 16 | -27.3% |
| 5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The Vernon County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vernon County, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Vernon County in May 2024, down by 20.0% month-over-month. Of the 16 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% were sold over asking.
Days on Market for Vernon County, WI
We’re sorry, we don't have information for this market at the moment
