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Multi-family Foreclosures in Vernon, AZ

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Vernon, AZ Foreclosures

How much do homes sell for in Vernon, AZ?
The average home price is currently $307,332.
In Vernon, AZ, how many homes are available?
There are currently 2 active home listings available in Vernon.
What’s the average rental cost in Vernon, AZ?
The average rental price in Vernon is $994.
What is the most expensive home in Vernon?
The most expensive home sold in Vernon had a price of $2,347,236.
What is currently the cheapest priced home in Vernon, AZ?
The cheapest home for sale in Vernon is priced at $10,340.

Living in Vernon, AZ

Vernon, AZ is a peaceful community nestled among the stunning White Mountains, offering outdoor recreational activities and a close-knit atmosphere. The area is ideal for those seeking a quieter lifestyle while still having access to eastern Arizona's beautiful natural landscapes. With various amenities and nearby urban centers, Vernon provides a perfect balance of rural and modern living.

Current Market Conditions in Vernon, AZ

The real estate market in Vernon has seen steady growth over the past few years, with an increase in demand for homes as more people seek a tranquil lifestyle away from city hustle. Inventory remains slightly low, contributing to competitive pricing in the area.

With the arrival of new residents and interest in vacation homes, Vernon is experiencing a revitalization in its real estate market, which is drawing attention from buyers looking for both primary residences and seasonal retreats.

Home Value Estimator For Vernon, AZ

There are currently 520 real estate properties in Vernon, AZ, with a median automated valuation model (AVM) price of $269,200.00. 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, AZ, 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, AZ, is $307,332.00, with the most expensive house in Vernon, AZ, topping out at $2,347,236.00 and the cheapest home in Vernon, AZ, clocking in at $10,340.00. In other words, there’s something for every potential homebuyer or savvy investor in Vernon, AZ!

Rent Prices In Vernon, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Vernon, AZ, is on a rollercoaster ride. The average rent price in Vernon, AZ, is $994.00. Indeed, when looking to rent in Vernon, AZ, you can expect to pay as little as $410.00 or as much as $1,950.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Vernon, AZ -- 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, AZ Multi-family Homes


Market Trend for Vernon, AZ

Total Listings Available: 2

Market Values:

Home Prices from $10,340 to $2,347,236

Average Sales Price: $307,332

Rental Values:

Rental from $410 to $1,950

Average Rent Value: $994 / month

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