Is Vernon Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vernon Township is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Vernon Township has remained a Neutral Market.

Key Takeaway

Vernon Township 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 Township, OH

How much do homes in Vernon Township, OH cost?

Median Sold Price

$395,450

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$108,000(+37.6%)

Key Takeaway

Homes in Vernon Township have sold for 37.6% more than they did a year ago.

Summary: The median home sold price in Vernon Township was $395,450 in October 2024, up 37.6% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $115K$213K
+85.2%
3 $267.4K$363.1K
+35.8%
4 $420K$482.5K
+14.9%
5+ $229.9K$303.4K
+31.9%

Summary: Vernon Township 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 increased by 85.2%, 3 bedroom homes increased by 35.8%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 31.9%.

Median Sold Price Compared To Nearby Cities

Vernon Township
+37.6%
Clarksville
+35.7%
Marion Township
+10.6%

Housing Supply in Vernon Township, OH

How many homes are available in Vernon Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The Vernon Township real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 33
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Vernon Township 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.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vernon Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Vernon Township in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Vernon Township, OH

We’re sorry, we don't have information for this market at the moment

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

Report Updated 23 Days Ago

Newest Listings in Vernon Township, OH

Nearby Markets to Vernon Township, OH

What housing markets are near Vernon Township, OH?