Housing Prices in Vernon, TX
How much do homes in Vernon, TX cost?
Median List Price
$151,500
$99/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Vernon has increased by 36.5% since last year.
Summary: The median home list price in Vernon was $151,500 in May 2024, up 36.5% from the previous year, and the median price per square foot was $99.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $19.3K | - | N/A |
| 2 Bedrooms | $82.1K | $27.9K | -65.9% |
| 3 Bedrooms | $155.2K | $151.5K | -2.4% |
| 4 Bedrooms | $182.5K | $374.2K | +105.1% |
| 5+ Bedrooms | - | $236.2K | N/A |
Summary: Vernon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 65.9%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 105.1%, and 5+ bedroom homes did not change.
Housing Supply in Vernon, TX
How many homes are available in Vernon, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Summary: The Vernon real estate market had 2 homes for sale in May 2024, a 33.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Vernon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Vernon, TX
How long does it take to sell a home in Vernon, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 252 Days | 483 Days | +91.3% |
Summary: Homes in Vernon had an average listing age of 483 days in May 2024, up by 91.3% compared to the previous year.
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