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Foreclosures in Vernon, AL 35592

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Vernon, AL Foreclosures

Current Market Conditions in in Vernon, AL As of February 2026?
In the past month, Vernon's real estate market has seen a slight increase in home prices, reflecting growing interest and demand. Inventory remains limited, pushing buyers to act quickly on available listings. Overall, the market is competitive, with properties typically selling faster than in recent months, signaling a healthy increase in local real estate activity.
How much do homes sell for in Vernon, AL?
The average home price is currently $135,192.
In Vernon, AL, how many homes are available?
There are currently 2 active home listings available in Vernon.
What’s the average rental cost in Vernon, AL?
The average rental price in Vernon is $915.
What is the most expensive home in Vernon?
The most expensive home sold in Vernon had a price of $773,600.
What is currently the cheapest priced home in Vernon, AL?
The cheapest home for sale in Vernon is priced at $10,686.

Living in Vernon, AL

Vernon, Alabama is a charming small town known for its strong sense of community and peaceful rural lifestyle. Surrounded by natural beauty, residents enjoy various outdoor activities while still being close enough to larger towns for additional amenities. The area boasts a mix of historical sites and modern conveniences, making it attractive for families and individuals.

Buyer vs Seller Market in Vernon, AL

The real estate market in Vernon, AL, has shown steady growth over the past year as more buyers seek affordable housing in rural areas. The friendly community and low cost of living have attracted both local and out-of-state buyers looking for a tranquil environment to settle down in.

Currently, the average home price in Vernon is still below the national average, making it an appealing option for first-time homebuyers. The demand for homes has increased, resulting in fewer days on the market compared to previous years.

Home Value Estimator For Vernon, AL

There are currently 1,328 real estate properties in Vernon, AL, with a median automated valuation model (AVM) price of $109,962.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Vernon, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Vernon, AL, is $135,192.00, with the most expensive house in Vernon, AL, topping out at $773,600.00 and the cheapest home in Vernon, AL, clocking in at $10,686.00. In other words, there’s something for every potential homebuyer or savvy investor in Vernon, AL!

Rent Prices In Vernon, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Vernon, AL, is on a rollercoaster ride. The average rent price in Vernon, AL, is $915.00. Indeed, when looking to rent in Vernon, AL, you can expect to pay as little as $500.00 or as much as $1,890.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Vernon, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Vernon, AL 35592 Foreclosures

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