Housing Prices in Vernon, MI

How much do homes in Vernon, MI cost?

Median List Price

$149,000

$92/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

-$2,650(-1.7%)

Key Takeaway

The list price of homes in Vernon has decreased by 1.7% since last year.

Summary: The median home list price in Vernon was $149,000 in February 2024, down 1.7% from the previous year, and the median price per square foot was $92.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $145.7K$141.7K
-2.8%
4 -$154.4K
N/A
5+ $279.9K$279.9K
0.0%

Summary: Vernon housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Vernon
-1.7%
Vernon Township
-6.6%

Housing Supply in Vernon, MI

How many homes are available in Vernon, MI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
110.0%

Summary: The Vernon real estate market had 1 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Vernon housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Vernon, MI

How long does it take to sell a home in Vernon, MI?

Average Listing Age

Feb 2023Feb 2024CHANGE
167 Days15 Days-91.1%

Summary: Homes in Vernon had an average listing age of 15 days in Feb 2024, down by 91.1% compared to the previous year.

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

Report Updated 28 Days Ago

Newest Listings in Vernon, MI

Nearby Markets to Vernon, MI