Vernon, TX Housing Market & Real Estate

Balanced market+33.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Vernon, TX is $152,000, up 33.3% year-over-year. Homes sell in an average of 46 days with 21 active listings. The market is currently a balanced market.

$152,000median sale price

Homes sold

6

Last 12 weeks

Days on market

46

Average pace

Active listings

21

3.5 months supply

Sale-to-list

Below asking

Vernon, TX market data

Current housing market statistics for Vernon, TX
MetricValue
Median sale price$152,000
Median list price$148,900
Year-over-year price change+33.3%
Average days on market46 days
Active inventory21 listings
Months of supply3.5 months
Market conditionBalanced market

Source: Redfin · Updated weekly

The Vernon housing market is currently classified as a balanced market with a median sale price of $152,000. Prices have risen 33.3% compared to last year, with homes spending an average of 46 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Vernon

There are currently 21 homes listed for sale in Vernon, Texas. The median listing price is $149K.

Active listings

21

Homes on market

Median list price

$149K

Avg. days on market

46

Days until sale

New this week

7

Newly listed

Price drops:28.6%of listings

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Frequently asked questions

What is the average home price in Vernon?

The median home sale price in Vernon is $152,000, up 33.3% from last year.

How long do homes stay on market in Vernon?

Homes typically spend 46 days on market before going under contract.

Is Vernon a buyer's or seller's market?

With 3.5 months of supply, Vernon is currently a balanced market.

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