Is Vernon Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, Vernon Township has remained a Seller's Market.
How much do homes in Vernon Township, IL cost?
Median Sold Price
$456,820
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Median Sold Price By Bedroom Count
# BEDS | Jan 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | $134.5K | $200K | +48.7% |
2 Bedrooms | $222K | $242.3K | +9.1% |
3 Bedrooms | $362.2K | $414.3K | +14.4% |
4 Bedrooms | $524.2K | $594.3K | +13.4% |
5+ Bedrooms | $730K | $756K | +3.6% |
Median Sold Price Compared To Nearby Cities
Lincolnshire | $527.5K | $619K | +17.3% |
Vernon Township | $410.1K | $456.8K | +11.4% |
Buffalo Grove | $319.7K | $351.6K | +10.0% |
Vernon Hills | $345K | $375K | +8.7% |
Riverwoods | $725K | $709.9K | -2.1% |
How many homes are available in Vernon Township, IL?
Number of Homes For Sale
Dec 2022 | Jan 2023 | % |
---|---|---|
165 | 149 | -9.7% |
Homes For Sale By Bedroom Count
# BEDS | Dec 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 36 | 26 | -27.8% |
3 Bedrooms | 53 | 53 | 0.0% |
4 Bedrooms | 56 | 51 | -8.9% |
5+ Bedrooms | 18 | 17 | -5.6% |
Number of Homes Sold
Dec 2022 | Jan 2023 | % |
---|---|---|
56 | 28 | -50.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Average Sale Time
Jan 2022 | Jan 2023 | % |
---|---|---|
30 Days | 19 Days | -33.8% |
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days