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Short Sale Listings in Vernon, IN

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Living in Vernon, IN

Vernon is a quaint town in Indiana offering a unique blend of rural charm and community spirit. With a variety of outdoor activities, local shops, and schools, it provides a tranquil lifestyle for families and individuals alike. The area is known for its friendly neighborhood vibe and accessibility to larger cities nearby for additional amenities.

Current Market Conditions in Vernon, IN

The Vernon real estate market remains stable, with a balanced supply and demand. Homes are selling relatively quickly, and there is a healthy interest from buyers looking for affordable houses in a friendly community.

Recent trends show an increase in demand for single-family homes as families prioritize space and quality of life. There is also a growing trend towards renovating older homes, which appeals to those looking to contribute to community revitalization.

Home Value Estimator For Vernon, IN

There are currently 184 real estate properties in Vernon, IN, with a median automated valuation model (AVM) price of $152,225.00. 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 $341,075.00, with the most expensive house in Vernon, IN, topping out at $34,113,452.00 and the cheapest home in Vernon, IN, clocking in at $26,183.00. 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 $953.00. 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.

Vernon, IN Short Sale Listings


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