$3,378 Closing Credit*
$284,500
1,832 SqFt
3 Beds
•2 Full Baths
Janet Mautner, Listing Office: Kay Real Estate
Is Vernon, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Vernon was a Seller's Market.
Key Takeaway
Vernon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Vernon, NY
How much do homes in Vernon, NY cost?
Median Sold Price
$242,750
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$65,050(+36.6%)
Key Takeaway
Homes in Vernon have sold for 36.6% more than they did a year ago.
Summary: The median home sold price in Vernon was $242,750 in November 2024, up 36.6% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117K | - | N/A |
| 2 Bedrooms | $123.6K | $169.7K | +37.3% |
| 3 Bedrooms | $229.5K | $287K | +25.1% |
| 4 Bedrooms | $229.9K | $232K | +0.9% |
| 5+ Bedrooms | $157.5K | $389K | +147.0% |
Summary: Vernon housing prices by bedroom type for November 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 25.1%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 147%.
Housing Supply in Vernon, NY
How many homes are available in Vernon, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The Vernon real estate market had 12 homes for sale in November 2024, a 20.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Vernon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vernon, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Vernon in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 69 Days | 5 Days | -92.1% |
Summary: Homes in Vernon had an average of 5 days on market in Nov 2024, down by 92.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 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 November 2024, 2 homes were sold in Vernon; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
