Vernon—48476
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vernon
As of Oct '25, the median home price in Vernon is $162,000, with a year-over-year change of 10.1%. This indicates that home prices in Vernon are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $162,000 | 10.1% |
| Single Family | $162,000 | 10.2% |
| 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
Vernon 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
As of Oct '25, Realtor.com reports that the median days on market for a home in Vernon is 50. This is a increase of 507.0% from last year, suggesting that homes are sitting on the market longer 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 | $202,000 | -33.0% |
Listing Count | 2 | 100.0% |
| Listings as % of Homes | 0.7% | 100.0% |
Days on Market | 50 | 507.0% |
Demographics — Vernon
As of the latest ACS Survey released in 2023, Vernon has a population of 609, which has increased by 32.7% over the past 5 years. Vernon is a moderately popular place for families, as children make up 18.2% of the population. The area has a poorly educated workforce, with 12.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 609 | 32.7% |
% Under 18 | 18.2% | 28.2% |
% Seniors | 23.8% | 67.6% |
% WFH | 8.2% | 70.8% |
% w/ College Degree | 12.4% | 49.4% |
As of the latest ACS Survey released in 2023, Vernon is a predominantly white area, with 94.4% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Vernon is hispanic, making up 4.3% of the population. Foreign-born residents account for 2.0% of the population in Vernon, and this percentage has decreased by 28.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.4% | -5.6% |
% Black | 0.0% | N/A |
% Hispanic | 4.3% | ∞% |
% Asian | 0.8% | ∞% |
% Foreign Born | 2.0% | -28.6% |
Mortgage and Risk — Vernon
Vernon 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
Vernon lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $1,250 |
| 4 Bedroom | N/A | N/A | $1,360 |
Affordability — Vernon
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $162,000 |
| Median Household Income | $67,900 |