$926 Closing Credit*
$78,000
1,310 SqFt
2 Beds
•3 Full Baths
Anyssa Harris, Listing Office: Shamrock Real Estate Inc
Is Vernon, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Vernon was a Neutral Market.
Key Takeaway
Vernon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vernon, NY
How much do homes in Vernon, NY cost?
Median Sold Price
$235,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$57,300(+32.2%)
Key Takeaway
Homes in Vernon have sold for 32.2% more than they did a year ago.
Summary: The median home sold price in Vernon was $235,000 in December 2024, up 32.2% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117K | - | N/A |
| 2 Bedrooms | $123.6K | $169.7K | +37.3% |
| 3 Bedrooms | $229.5K | $276K | +20.3% |
| 4 Bedrooms | $170.9K | $215K | +25.8% |
| 5+ Bedrooms | $157.5K | $318.5K | +102.2% |
Summary: Vernon 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 increased by 37.3%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes increased by 102.2%.
Housing Supply in Vernon, NY
How many homes are available in Vernon, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Summary: The Vernon real estate market had 15 homes for sale in December 2024, a 15.4% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Vernon 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 increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vernon, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Vernon in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Vernon, NY
How long does it take to sell a home in Vernon, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 5 Days | 38 Days | +670.0% |
Summary: Homes in Vernon had an average of 38 days on market in Dec 2024, up by 670% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Vernon are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in Vernon; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
