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Cheap Homes in Vernon, IN

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Vernon, IN Foreclosures

How much do homes sell for in Vernon, IN?
The average home price is currently $335,714.
In Vernon, IN, how many homes are available?
There are currently 2 active home listings available in Vernon.
What’s the average rental cost in Vernon, IN?
The average rental price in Vernon is $951.
What is the most expensive home in Vernon?
The most expensive home sold in Vernon had a price of $33,807,804.
What is currently the cheapest priced home in Vernon, IN?
The cheapest home for sale in Vernon is priced at $25,507.

Living in Vernon, IN

Vernon, IN, is a peaceful small town that combines the charm of rural life with modern convenience. Known for its community events and beautiful natural landscapes, Vernon is perfect for those seeking a slower pace of life. With essential amenities, good schools, and access to outdoor activities, it’s an ideal place for families and retirees alike.

Current Market Conditions in Vernon, IN

The real estate market in Vernon has shown steady growth over the past year, with increased interest from families looking for affordable housing options. The town's tight-knit community and peaceful living environment continue to attract new residents and buyers.

Currently, home prices in Vernon remain relatively affordable compared to larger urban areas. The demand for housing has increased, but the market remains competitive with a variety of options available for buyers, including both old charm and new developments.

Home Value Estimator For Vernon, IN

There are currently 186 real estate properties in Vernon, IN, with a median automated valuation model (AVM) price of $148,832.00. 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, IN, 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, IN, is $335,714.00, with the most expensive house in Vernon, IN, topping out at $33,807,804.00 and the cheapest home in Vernon, IN, clocking in at $25,507.00. In other words, there’s something for every potential homebuyer or savvy investor in Vernon, IN!

Rent Prices In Vernon, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Vernon, IN, is on a rollercoaster ride. The average rent price in Vernon, IN, is $951.00. Indeed, when looking to rent in Vernon, IN, you can expect to pay as little as $580.00 or as much as $1,500.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Vernon, IN -- 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.

Cheap Homes in Vernon, IN


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