Is Vernon County, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Vernon County has remained a Seller's Market.
Key Takeaway
Vernon County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vernon County, WI
How much do homes in Vernon County, WI cost?
Median Sold Price
$236,916
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Vernon County have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Vernon County was $236,916 in November 2023, up 0.8% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170.3K | $325K | +90.8% |
| 2 Bedrooms | $158.7K | $194K | +22.2% |
| 3 Bedrooms | $255K | $236.2K | -7.4% |
| 4 Bedrooms | $294.5K | $285K | -3.2% |
| 5+ Bedrooms | $355K | $320K | -9.9% |
Summary: Vernon County housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 90.8%, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 9.9%.
Median Sold Price Compared To Nearby Counties
| La Crosse County | $269.3K | $285.8K | +6.1% |
| Vernon County | $235K | $236.9K | +0.8% |
| Monroe County | $242.4K | $231.9K | -4.3% |
Housing Supply in Vernon County, WI
How many homes are available in Vernon County, WI?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 90 | 89 | -1.1% |
Summary: The Vernon County real estate market had 89 homes for sale in November 2023, a 1.1% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 22 | 19 | -13.6% |
| 3 Bedrooms | 35 | 35 | 0.0% |
| 4 Bedrooms | 22 | 24 | +9.1% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Vernon County housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vernon County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Vernon County in November 2023, down by 8.7% month-over-month. Of the 21 sold homes, 67% were sold under asking, 10% were sold at asking, and 24% were sold over asking.
