Vernon, MI Foreclosures
How much do homes sell for in Vernon, MI?
The average home price is currently $165,636.
In Vernon, MI, how many homes are available?
There are currently 145 active home listings available in Vernon.
What’s the average rental cost in Vernon, MI?
The average rental price in Vernon is $1,272.
What is the most expensive home in Vernon?
The most expensive home sold in Vernon had a price of $453,971.
What is currently the cheapest priced home in Vernon, MI?
The cheapest home for sale in Vernon is priced at $34,080.
Living in Vernon, MI
Vernon, MI is a small village that offers a peaceful, rural lifestyle with a strong sense of community. Surrounded by beautiful landscapes and outdoor activities, it is perfect for nature lovers. Local amenities and good schools make it an ideal place for families.
Current Market Conditions in Vernon, MI
The real estate market in Vernon has shown resilience, with steady demand for homes in the area. As more people seek out rural living and the tranquility it offers, the village has become an attractive option for buyers. Current market trends indicate a balanced inventory, with various homes available at different price points, making it achievable for first-time homebuyers and investors alike.
In recent months, Vernon has seen a slight increase in home prices due to rising demand and limited inventory. Properties that are well-maintained and priced accordingly often attract multiple offers, reflecting the growing interest in this charming community.
Home Value Estimator For Vernon, MI
There are currently 291 real estate properties
in Vernon, MI,
with a median automated valuation model (AVM) price
of $167,551.00. 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, MI, 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, MI,
is $165,636.00, with the most expensive house
in Vernon, MI, topping out
at $453,971.00 and the cheapest home
in Vernon, MI,
clocking in at $34,080.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Vernon, MI!
Rent Prices
In Vernon, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Vernon, MI, is on
a rollercoaster ride. The
average rent price in Vernon, MI,
is $1,272.00. Indeed, when looking to rent in
Vernon, MI, you can expect to pay as little
as $990.00 or as much
as $1,840.00,
with the average rent median estimated to
be $1,260.00. The good news is that finding
an affordable and desirable property to rent in Vernon, MI
-- 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.
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