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Bankruptcy Homes in Vernon, CA

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Vernon, CA Foreclosures

How much do homes sell for in Vernon, CA?
The average home price is currently $9,316,150.
What’s the average rental cost in Vernon, CA?
The average rental price in Vernon is $2,104.
What is the most expensive home in Vernon?
The most expensive home sold in Vernon had a price of $112,194,744.
What is currently the cheapest priced home in Vernon, CA?
The cheapest home for sale in Vernon is priced at $28,565.

Living in Vernon, CA

VERNON, CA, is an industrial city within Los Angeles County, known for its strategic location near major transportation routes and the Port of Los Angeles. Though primarily an industrial area, it offers access to various amenities and parks nearby, allowing for a unique mix of work and leisure.

Current Market Conditions in Vernon, CA

The real estate market in Vernon is characterized by its focus on commercial and industrial properties. With its prime location for logistics, the demand for warehouse and industrial space remains strong, driving interest from investors and businesses alike. The residential market is limited due to zoning laws favoring industrial use.

As businesses continue to seek out space in Vernon due to its strategic advantages, the market for available real estate, particularly commercial properties, is competitive. Investors are taking notice of the area's potential for growth as it continues to develop in conjunction with the expanding Los Angeles economy.

Home Value Estimator For Vernon, CA

There are currently 335 real estate properties in Vernon, CA, with a median automated valuation model (AVM) price of $5,340,985.00. 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, CA, 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, CA, is $9,316,150.00, with the most expensive house in Vernon, CA, topping out at $112,194,744.00 and the cheapest home in Vernon, CA, clocking in at $28,565.00. In other words, there’s something for every potential homebuyer or savvy investor in Vernon, CA!

Rent Prices In Vernon, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Vernon, CA, is on a rollercoaster ride. The average rent price in Vernon, CA, is $2,104.00. Indeed, when looking to rent in Vernon, CA, you can expect to pay as little as $1,460.00 or as much as $6,600.00, with the average rent median estimated to be $1,860.00. The good news is that finding an affordable and desirable property to rent in Vernon, CA -- 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, CA Bankruptcy Homes

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