Vernon, CA is a thriving community with an incredibly high housing median value. The median value in Vernon is $766,100 which is significantly higher than the US house median value of $338,100. This shows that Vernon has seen tremendous growth over time and has gone up by 13.16% in just the last year alone, much higher than the 8.27% nationwide appreciation rate. This trend makes it an attractive area to purchase property and invest in real estate due to its potential for continued growth and appreciation.
The median home cost in Vernon is $766,100. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Vernon is up 14.4%.
Average Age of Homes
- The median age of Vernon real estate is 44 years old
The Rental Market in Vernon
- Renters make up 76.0% of the Vernon population
- 0.0% 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.