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Preforeclosure Homes in Vernon, TX

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Vernon, TX Foreclosures

Current Market Conditions in in Vernon, TX As of March 2026?
Over the past month, the Vernon real estate market has shown signs of continued growth, with a slight increase in home sales and listings. Prices have remained stable, as new buyers are entering the market, indicating a healthy balance between supply and demand. The community's attractive amenities and strong local economy continue to draw interest, supporting positive market trends.
How much do homes sell for in Vernon, TX?
The average home price is currently $128,056.
In Vernon, TX, how many homes are available?
There are currently 18 active home listings available in Vernon.
What’s the average rental cost in Vernon, TX?
The average rental price in Vernon is $1,054.
What is the most expensive home in Vernon?
The most expensive home sold in Vernon had a price of $1,378,154.
What is currently the cheapest priced home in Vernon, TX?
The cheapest home for sale in Vernon is priced at $10,021.

Living in Vernon, TX

Vernon, Texas, is a charming small town known for its friendly atmosphere and rich history. Nestled in the northern part of the state, it boasts a variety of cultural and recreational opportunities. With an affordable cost of living, Vernon is an ideal place for families and retirees alike.

Buyer vs Seller Market in Vernon, TX

The real estate market in Vernon is currently experiencing a steady trend, with an increasing number of buyers drawn to its affordable housing and community-driven lifestyle. The demand for homes is on the rise as families and retirees look for a welcoming place to live away from the hustle and bustle of larger cities.

Recent trends show that home prices in Vernon remain competitively low compared to neighboring areas, making it an attractive market for first-time homebuyers and investors. The overall stability of the housing market offers a blend of options for buyers, with both new constructions and well-maintained older homes available.

Home Value Estimator For Vernon, TX

There are currently 5,614 real estate properties in Vernon, TX, with a median automated valuation model (AVM) price of $89,640.00. 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, TX, 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, TX, is $128,056.00, with the most expensive house in Vernon, TX, topping out at $1,378,154.00 and the cheapest home in Vernon, TX, clocking in at $10,021.00. In other words, there’s something for every potential homebuyer or savvy investor in Vernon, TX!

Rent Prices In Vernon, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Vernon, TX, is on a rollercoaster ride. The average rent price in Vernon, TX, is $1,054.00. Indeed, when looking to rent in Vernon, TX, you can expect to pay as little as $570.00 or as much as $3,820.00, 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, TX -- 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, TX Preforeclosure Homes


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