Zip 47282 (Vernon, IN) Housing


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The housing market in 47282 Vernon, IN is thriving, with a median value of $127,500. This is much lower than the US median value of $338,100, but the one-year house appreciation rate is 8.69%, which is higher than the US appreciation rate of 8.27%. This shows that even though the median value may be lower than the average across the US, Vernon's housing market is still appreciating in value at a higher rate than the national average.

The median home cost in Vernon (zip 47282) is $127,500. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Vernon (zip 47282) is up 15.8%.

Average Age of Homes
- The median age of Vernon (zip 47282) real estate is 78 years old
The Rental Market in Vernon (zip 47282)
- Renters make up 13.2% of the Vernon (zip 47282) population
- 0.0% of houses and apartments in Vernon (zip 47282), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingVernon, IndianaUnited States
  110.0139,647,020.0
  4242
  $127,500$338,100
  15.8%16.6%
  56.8%57.0%
  74.5%101.1%
  $6.97$10.98
  $500$2,690
  68.2%57.4%
  17.3%11.2%
  14.5%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  2.7%0.7%
  0.0%0.4%
  0.0%3.6%
  14.5%4.1%
  Value of Owner-Occupied Housing
  4.0%2.6%
  8.0%2.4%
  9.3%2.8%
  38.7%3.9%
  9.3%4.5%
  20.0%11.3%
  6.7%13.0%
  1.3%20.1%
  2.7%13.6%
  0.0%8.3%
  0.0%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  11.8%13.6%
  11.8%13.6%
  11.8%13.6%
  2.7%13.2%
  8.2%14.8%
  11.8%13.6%
  1.8%10.0%
  9.1%4.7%
  54.5%12.2%
Commute