Vernon, WI—53103
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vernon, WI
As of Oct '25, the median home price in Vernon, WI is $476,000, with a year-over-year change of 4.7%. This indicates that home prices in Vernon, WI are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $476,000 | 4.7% |
| Single Family | $476,000 | 5.3% |
| 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 | $459,000 | 5.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Vernon, WI
Vernon, WI 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, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Vernon, WI is 23. This is a decrease of -52.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $525,000 | 6.0% |
Listing Count | 9 | 58.0% |
| Listings as % of Homes | 0.2% | 58.0% |
Days on Market | 23 | -52.0% |
Demographics — Vernon, WI
As of the latest ACS Survey released in 2023, Vernon, WI has a population of 3,570, which has decreased by -4.8% over the past 5 years. Vernon, WI is a moderately popular place for families, as children make up 17.3% of the population. The area has a moderately educated workforce, with 41.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,570 | -4.8% |
% Under 18 | 17.3% | 0.6% |
% Seniors | 26.1% | 47.5% |
% WFH | 13.4% | 143.6% |
% w/ College Degree | 41.5% | 50.9% |
As of the latest ACS Survey released in 2023, Vernon, WI is a predominantly white area, with 94.2% of the population identifying as white. The white population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Vernon, WI is hispanic, making up 4.2% of the population. Foreign-born residents account for 1.2% of the population in Vernon, WI, and this percentage has decreased by 58.6% 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 | 94.2% | 0.5% |
% Black | 0.3% | 200.0% |
% Hispanic | 4.2% | -10.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.2% | -58.6% |
Mortgage and Risk — Vernon, WI
According to HUD data as of 2023, there were 104 mortgage originations in Vernon, WI, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Vernon, WI. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 104 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Vernon, WI
Vernon, WI 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 | $1,080 |
| 2 Bedroom | N/A | N/A | $1,280 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $1,730 |
Affordability — Vernon, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $476,000 |
| Median Household Income | $131,000 |