The housing market in Vernon, FL is thriving with a median value of $167,400, which is significantly lower than the US median value of $338,100. In addition, housing has appreciated over the past year in Vernon by 15.93%, much higher than the US 1 year appreciation rate of 8.27%. This shows that Vernon has an attractive housing market for prospective homebuyers who are looking for great value and performance.
The median home cost in Vernon is $167,400. Home appreciation the last 10 years has been 136.4%. Home Appreciation in Vernon is up 25.0%.
Average Age of Homes
- The median age of Vernon real estate is 42 years old
The Rental Market in Vernon
- Renters make up 30.0% of the Vernon population
- 3.8% of houses and apartments in Vernon, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.