Vernon, FL Home Values & Market Trends

Real estate market trends reflect that there have been 44 transactions over the past year in Vernon. The median value for residential home transactions that occurred over the previous year is $174,982.46. The number of current listings in Vernon is 12, and the percentage of properties for sale in the city is 12.00%. Vernon, FL currently has 8 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 12 properties for sale.

Vernon, FL Real Estate Market Overview

ZipMedian Est. Value
32462

$ 299,900

$ 173/sqft

Housing Market Summary for Vernon, FL

Apr 2023March 2024Change
Median Listing Price$335K$195.4K-41.67%
Median Sold Price$134K$195.4K45.81%
Homes For Sale71271.43%
Homes Sold4038-5.00%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Vernon, FL

Vernon home values range from $22,320 to $1,309,231. The median estimated value of a home in Vernon is $174,982.46. The median list price of a home is 164,450, and the total count of properties in the city is 1,609.

Foreclosure
There is 1 zips within Vernon, FL; within this zips, the median estimated home value for homes in foreclosure ranges from $252,331 in 32462 to the lowest value of $112,395 in 32462. Foreclosure homes account for 0.00% of properties in Vernon, FL with 32462 containing 8 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.44% of all residential properties in Vernon, FL with 32462 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Vernon, FL; of that zips, the estimated home value for pre-foreclosure homes ranges from $252,331 in 32462 to the lowest home value of $112,395 in 32462.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Vernon, FL ranges from the highest value of $0 in 32462 to the lowest value of $0 in 32462. Bank owned homes and properties account for 0.06% of properties in Vernon, FL. There is 1 zips within Vernon, FL; 32462 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Vernon, FL. Auction homes and other auction properties account for 0% of all properties in Vernon, FL. There is 1 zips within Vernon, FL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.75% of residential properties in Vernon, FL with 32462 containing 12 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Vernon, FL; homes for sale in that zips, have a range of median values from $365,083 in 32462 to the lowest value of $160,480 in 32462.
    Sold Homes
    The median value for recently sold homes ranges from $518,298 in 32462 to the lowest price of $109,174 in 32462. There is 1 zips within Vernon, FL. 32462 has 33 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.05% of properties in Vernon, FL.

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      Guide for Vernon, FL

      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
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      Tallahassee’s Real Estate Market A in Review 2023-2024
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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
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      See More Articles
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.

      Recently Listed Homes Vernon, FL

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