Vernon, IN—47282
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vernon, IN
As of Oct '25, the median home price in Vernon, IN is $138,000, with a year-over-year change of 8.9%. This indicates that home prices in Vernon, IN are increasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $138,000 | 9.0% |
| Single Family | $138,000 | 7.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Vernon, IN
Vernon, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Vernon, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Vernon, IN is 98. This is a decrease of -37.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $232,000 | 28.0% |
Listing Count | 3 | 50.0% |
| Listings as % of Homes | 0.8% | 50.0% |
Days on Market | 98 | -37.0% |
Demographics — Vernon, IN
As of the latest ACS Survey released in 2023, Vernon, IN has a population of 224, which has decreased by -33.9% over the past 5 years. Vernon, IN is a moderately popular place for families, as children make up 17.4% of the population. The area has a poorly educated workforce, with 21.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 224 | -33.9% |
% Under 18 | 17.4% | -30.7% |
% Seniors | 24.6% | -2.0% |
% WFH | 7.4% | -50.7% |
% w/ College Degree | 21.7% | 61.9% |
As of the latest ACS Survey released in 2023, Vernon, IN is a predominantly white area, with 92.9% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Vernon, IN is hispanic, making up 5.8% of the population. Foreign-born residents account for 6.2% of the population in Vernon, IN, and this percentage has increased by 244.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.9% | 2.2% |
% Black | 0.0% | N/A |
% Hispanic | 5.8% | -36.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 6.2% | 244.4% |
Mortgage and Risk — Vernon, IN
Vernon, IN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Vernon, IN
Vernon, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,540 |
Affordability — Vernon, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $138,000 |
| Median Household Income | $67,200 |