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Housing in Vernon Hills

313 homes sold in Vernon Hills in the last year, at a typical $456K

Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Vernon Hills homes are listed.

Homes sold
313
October 2025 to September 2026
Typical sale price
$456K
houses $597K · condos $257K (year to May 2026)
Price per square foot
$240
Illinois $193
Paid vs. asking
99.9%
38% sold over asking
For sale now
71
September 2026 · 29 sold that month
What sold · last 12 months

A third of Vernon Hills’ sales are condos, at $340K less than a house

124 houses and 94 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$597K

typical sale · 124 sold in the year to May 2026

Per square foot
$255IL $180
Days to sell
53
Sold over asking
43%
Listings with a price cut
18%
Condos$257K

typical sale · 94 sold in the year to May 2026

Per square foot
$231IL $251
Days to sell
58
Sold over asking
33%
Listings with a price cut
13%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $705K
Townhouses: 82 sold, typical $376K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.5 times the 2016 price

313 sales in the last year, against 605 in 2021 and a low of 288 in 2025. The typical sale went from $301K in 2016 to $456K.

Homes soldTypical sale price
0162325487650$200K$300K$400K$500K2012: 361 sold, typical $219K’122013: 455 sold, typical $272K2014: 393 sold, typical $255K’142015: 473 sold, typical $294K2016: 495 sold, typical $301K’162017: 481 sold, typical $304K2018: 411 sold, typical $302K’182019: 421 sold, typical $310K2020: 425 sold, typical $307K’202021: 605 sold, typical $345K2022: 434 sold, typical $350K’222023: 337 sold, typical $377K2024: 321 sold, typical $413K’242025: 288 sold, typical $411KLast 12 months: 313 sold, typical $456KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $450K buys in Vernon Hills

Houseat $255 a sq ft, year to May 2026
Condoat $231 a sq ft, year to May 2026
The same money in Illinoisat $180 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Vernon Hills homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Vernon Hills are more common than before the pandemic, but 58% fewer homes come up for sale

We read every month of Vernon Hills’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 313 sales.

If you’re buying in Vernon Hills

  • Shop in March. It brings about 58 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
  • Bid near asking. Buyers paid 99.9% of the list price on average; 38% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 61 a month), but April is the most competitive: 32% of April sales close over asking. March offers nearly as much choice with fewer homes bid up (25%). December has the least competition (16%) but only about 16 new listings.

New listings a monthShare sold over asking
016.332.548.86513%27%40%Sweet spotJan: 30 new listings a month, 16% sold over asking, 70 days to sellJFeb: 42 new listings a month, 18% sold over asking, 74 days to sellFMar: 58 new listings a month, 25% sold over asking, 50 days to sellMApr: 56 new listings a month, 32% sold over asking, 43 days to sellAMay: 60 new listings a month, 28% sold over asking, 41 days to sellMJun: 61 new listings a month, 26% sold over asking, 42 days to sellJJul: 50 new listings a month, 29% sold over asking, 37 days to sellJAug: 43 new listings a month, 23% sold over asking, 40 days to sellASep: 39 new listings a month, 20% sold over asking, 49 days to sellSOct: 35 new listings a month, 25% sold over asking, 47 days to sellONov: 22 new listings a month, 26% sold over asking, 44 days to sellNDec: 16 new listings a month, 16% sold over asking, 59 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Illinois as a whole

Vernon Hills now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price38%11%33%36%
Gone within two weeksShare of homes under contract within 14 days48%38%52%45%
Price paid vs. askingAverage sale price ÷ list price99.9%97.1%98.8%99%
Days to sellMedian days from listing to contract51651651
Supply

63 homes for sale on a typical day

That’s 1.2 times the 2024 low (53), 58% fewer than in 2017–19 and well under 2019’s 175.

2012: 145 for sale’122013: 89 for sale2014: 113 for sale2015: 120 for sale’152016: 130 for sale2017: 137 for sale2018: 138 for sale’182019: 175 for sale2020: 104 for sale2021: 75 for sale’212022: 70 for sale2023: 57 for sale2024: 53 for sale’242025: 58 for saleLast 12 months: 63 for saleNow
Prices by type

Since 2019, houses are up 46%, condos 77%

A house typically sold for $597K in the year to May 2026 (124 sales), a condo for $257K (94).

$175K$350K$525K$700K2013201520172019202120232025NowHouses 2013: $393K, 217 salesHouses 2014: $396K, 161 salesHouses 2015: $379K, 216 salesHouses 2016: $397K, 222 salesHouses 2017: $401K, 235 salesHouses 2018: $406K, 199 salesHouses 2019: $408K, 224 salesHouses 2020: $392K, 234 salesHouses 2021: $491K, 286 salesHouses 2022: $555K, 193 salesHouses 2023: $564K, 159 salesHouses 2024: $593K, 137 salesHouses 2025: $657K, 117 salesHouses last 12 months: $597K, 124 salesHouses $597KCondos 2013: $97K, 100 salesCondos 2014: $126K, 107 salesCondos 2015: $135K, 111 salesCondos 2016: $160K, 135 salesCondos 2017: $178K, 116 salesCondos 2018: $158K, 86 salesCondos 2019: $145K, 98 salesCondos 2020: $146K, 75 salesCondos 2021: $160K, 132 salesCondos 2022: $188K, 114 salesCondos 2023: $203K, 87 salesCondos 2024: $220K, 84 salesCondos 2025: $258K, 83 salesCondos last 12 months: $257K, 94 salesCondos $257K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Illinois

Vernon Hills ranks 150th of 327 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Vernon Hills is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Vernon Hills

Five things worth knowing

61

New listings in June

The month with the most choice. December has the fewest, about 16.

Best time to buy
A+

Schools

The schools grade for Vernon Hills, from test results, graduation and how much students grow.

Schools in Vernon Hills
27 min

Typical commute

The average one-way trip to work for people who live in Vernon Hills.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Mundelein sells for less a square foot

The busier markets within 25 miles of Vernon Hills, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Buffalo Grove577$425K$24744%49
Mundelein423$402K$23140%49
Vernon Hills313$456K$24038%51
Libertyville274$635K$28445%47
Lincolnshire144$733K$26844%62
Long Grove87$983K$25033%69
Forest Lake25$457K$24037%62

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Vernon Hills, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Vernon Hills. People who follow the town see it, and so do people comparing Vernon Hills with their own town. No commission, no listing fee.

Questions about buying a home in Vernon Hills

What do homes sell for in Vernon Hills, IL?

313 homes sold in the year to September 2026 at a typical $456K, $240 a square foot. Houses sold for about $597K, condos for about $257K in the year to May 2026.

Is Vernon Hills a buyer’s or seller’s market?

A seller’s market: 71 homes were for sale in September 2026 and 29 sold, about 2.4 months of supply. Buyers paid 99.9% of asking on average.

When is the best time to buy in Vernon Hills?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Vernon Hills?

Zillow, Redfin, Realtor.com and Homes.com all carry Vernon Hills’ MLS listings; the search links above open each one filtered to Vernon Hills.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).