Vernon, MN is a great place to live, with its housing median value being $410,600. This is significantly higher than the US house median value of $338,100. Although the 1 year house appreciation in Vernon is lower than the US average at 6.78%, it is still a healthy rate of growth. As such, investing in real estate and living in Vernon can be an excellent opportunity for those looking for a secure future.
The median home cost in Vernon is $410,600. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Vernon is up 11.4%.
Average Age of Homes
- The median age of Vernon real estate is 44 years old
The Rental Market in Vernon
- Renters make up 7.6% 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.