Housing Prices in Vernon, MI

How much do homes in Vernon, MI cost?

Median List Price

$148,500

$103/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$10,450(-6.6%)

Key Takeaway

The list price of homes in Vernon has decreased by 6.6% since last year.

Summary: The median home list price in Vernon was $148,500 in October 2024, down 6.6% from the previous year, and the median price per square foot was $103.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$109.9K
N/A
3 $150.7K$157.4K
+4.4%
4 $159.9K$119.4K
-25.3%
5+ $279.9K-
N/A

Summary: Vernon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 25.3%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Vernon Township
+3.0%
Vernon
-6.6%

Housing Supply in Vernon, MI

How many homes are available in Vernon, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12+100.0%

Summary: The Vernon real estate market had 2 homes for sale in October 2024, a 100.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Vernon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Vernon, MI

How long does it take to sell a home in Vernon, MI?

Average Listing Age

Oct 2023Oct 2024CHANGE
408 Days18 Days-95.5%

Summary: Homes in Vernon had an average listing age of 18 days in Oct 2024, down by 95.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Vernon, MI

Nearby Markets to Vernon, MI