Housing Prices in Vernor-Junction, MI

How much do homes in Vernor-Junction, MI cost?

Median List Price

$159,450

$95/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$34,450(+27.6%)

Key Takeaway

The list price of homes in Vernor-Junction has increased by 27.6% since last year.

Summary: The median home list price in Vernor-Junction was $159,450 in December 2024, up 27.6% from the previous year, and the median price per square foot was $95.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $100K$40K
-60.0%
3 $142.5K$149.9K
+5.2%
4 $115K$216.9K
+88.7%
5+ $124.9K$142K
+13.7%

Summary: Vernor-Junction housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 88.7%, and 5+ bedroom homes increased by 13.7%.

Median List Price Compared To Nearby Neighborhoods

Mexicantown
+31.2%
Vernor-Junction
+27.6%
Hubbard-Richard
+13.7%
West Vernor-Junction
+6.7%
Condon
-0.9%

Housing Supply in Vernor-Junction, MI

How many homes are available in Vernor-Junction, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
68+33.3%

Summary: The Vernor-Junction real estate market had 8 homes for sale in December 2024, a 33.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 24
+100.0%
5+ 01
+100.0%

Summary: The Vernor-Junction housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Days on Market for Vernor-Junction, MI

How long does it take to sell a home in Vernor-Junction, MI?

Average Listing Age

Dec 2023Dec 2024CHANGE
77 Days70 Days-9.1%

Summary: Homes in Vernor-Junction had an average listing age of 70 days in Dec 2024, down by 9.1% compared to the previous year.

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

Report Updated 7 Days Ago

Newest Listings in Vernor-Junction, MI

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