Vernon, UT Foreclosures
Current Market Conditions in in Vernon, UT As of February 2026?
In the past month, the Vernon real estate market experienced a slight increase in activity, with a few new listings coming on the market. Buyer interest has surged, likely driven by the continued appeal of remote work options that allow people to move to more serene and spacious environments. Homes tend to sell quickly when priced appropriately, reflecting a growing recognition of the advantages of rural living combined with accessible transportation routes. As a result, it's essential for potential sellers to consider current trends and pricing strategies to maximize their sale potential in this vibrant market.
How much do homes sell for in Vernon, UT?
The average home price is currently $575,437.
What’s the average rental cost in Vernon, UT?
The average rental price in Vernon is $1,526.
What is the most expensive home in Vernon?
The most expensive home sold in Vernon had a price of $2,006,731.
What is currently the cheapest priced home in Vernon, UT?
The cheapest home for sale in Vernon is priced at $24,267.
Living in Vernon, UT
Vernon, Utah is a small, scenic community in Tooele County offering a peaceful rural lifestyle. Residents can enjoy stunning landscapes, outdoor recreation, and a close-knit community atmosphere. Conveniently located near Salt Lake City, Vernon provides the perfect balance of tranquility and accessibility.
Buyer vs Seller Market in Vernon, UT
The real estate market in Vernon has shown stability, with a modest increase in home prices over the last year. As more individuals seek out rural living with access to nature and outdoor activities, the demand for homes in this area remains steady, making it a promising option for potential buyers and investors alike.
In recent months, the market has seen an uptick in interest as remote work becomes more prevalent, allowing people to choose homes further from urban centers. This trend has led to an increase in inquiries and sales activity, as buyers look for properties that meet their needs for space, natural surroundings, and community.
The overall market conditions suggest a healthy equilibrium between supply and demand, creating opportunities for both homebuyers and sellers in Vernon.
Home Value Estimator For Vernon, UT
There are currently 73 real estate properties
in Vernon, UT,
with a median automated valuation model (AVM) price
of $430,265.00. 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, UT, 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, UT,
is $575,437.00, with the most expensive house
in Vernon, UT, topping out
at $2,006,731.00 and the cheapest home
in Vernon, UT,
clocking in at $24,267.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Vernon, UT!
Rent Prices
In Vernon, UT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Vernon, UT, is on
a rollercoaster ride. The
average rent price in Vernon, UT,
is $1,526.00. Indeed, when looking to rent in
Vernon, UT, you can expect to pay as little
as $1,000.00 or as much
as $3,330.00,
with the average rent median estimated to
be $1,410.00. The good news is that finding
an affordable and desirable property to rent in Vernon, UT
-- 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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