Is Vernon, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Vernon has remained a Seller's Market.
Housing Prices in Vernon, CT
How much do homes in Vernon, CT cost?
Median Sold Price
$279,900
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Vernon was $279,900 in April 2024, up 10.9% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | $120.5K | +26.8% |
2 Bedrooms | $150K | $200K | +33.3% |
3 Bedrooms | $270K | $300K | +11.1% |
4 Bedrooms | $320K | $351.1K | +9.7% |
5+ Bedrooms | $311K | $327K | +5.1% |
Summary: Vernon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.8%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
South Windsor | $335K | $379K | +13.1% |
Vernon Rockville | $252K | $279.9K | +11.1% |
Manchester | $265K | $294.2K | +11.0% |
Vernon | $252.5K | $279.9K | +10.9% |
Bolton | $365K | $381.5K | +4.5% |
Housing Supply in Vernon, CT
How many homes are available in Vernon, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 66 | +6.5% |
Summary: The Vernon real estate market had 66 homes for sale in April 2024, a 6.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 17 | 15 | -11.8% |
3 Bedrooms | 29 | 28 | -3.4% |
4 Bedrooms | 7 | 11 | +57.1% |
5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Vernon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 20 | -4.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Vernon in April 2024, down by 4.8% month-over-month. Of the 20 sold homes, 15% were sold under asking, 10% were sold at asking, and 75% were sold over asking.
Days on Market for Vernon, CT
We’re sorry, we don't have information for this market at the moment