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Housing in Vernon

11 homes sold in Vernon in the last year, at a typical $162K

Redfin reports Vernon’s sales by ZIP code, so these figures are for ZIP 48476, which takes in Vernon and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Vernon homes are listed.

Homes sold
11
ZIP 48476 · June 2025 to May 2026
Typical sale price
$162K
median, weighted by sales
Price per square foot
$129
Michigan $172
Paid vs. asking
96.2%
23% sold over asking
For sale now
1
May 2026 · 1 sold that month
What sold · last 12 months · ZIP 48476

Houses are 100% of Vernon’s sales, at a typical $162K

11 homes sold in the year to May 2026.

Houses$162K

typical sale · 11 sold in 12 months

Per square foot
$129MI $172
Days to sell
38
Sold over asking
23%
13 years of sales

About as many homes sell as usual, at 2.7 times the 2016 price

11 sales in the last year, against 21 in 2012 and a low of 7 in 2024. The typical sale went from $61K in 2016 to $162K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2012: 21 sold, typical $48K’122013: 9 sold, typical $45K2014: 12 sold, typical $53K’142015: 14 sold, typical $62K2016: 18 sold, typical $61K’162017: 13 sold, typical $71K2018: 9 sold, typical $109K’182019: 14 sold, typical $111K2020: 12 sold, typical $102K’202021: 16 sold, typical $132K2023: 9 sold, typical $152K’232024: 7 sold, typical $166K2025: 13 sold, typical $164K’25Last 12 months: 11 sold, typical $162KNow

Source: Redfin Data Center, MLS sales; for ZIP 48476, which takes in Vernon and the area around it (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.

What your budget buys

What $150K buys in Vernon

Houseat $129 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Vernon 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.

Rent or buy?

Owning the typical Vernon home costs about $1,050 a month

Mortgage
Property tax
Insurance
Rent

Price: Vernon’s typical sale, last 12 months. Property tax at Vernon’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Vernon is affordable on local pay is on Cost of living.

Before you buy in Vernon

Four things worth knowing

1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $162K home, about $2,470 a year.

Taxes vs. neighbors
34 min

Typical commute

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

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.

Selling, or renting out?

Post your home to Vernon, free

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

Questions about buying a home in Vernon

What do homes sell for in Vernon, MI?

11 homes sold in the year to May 2026 at a typical $162K, $129 a square foot.

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

A seller’s market: 1 homes were for sale in May 2026 and 1 sold, about 0.6 months of supply. Buyers paid 96.2% of asking on average.

How much are property taxes in Vernon?

About 1.5% of a home’s value a year. On a $162K home that’s near $2,470.

Where can I see homes for sale in Vernon?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48476, which takes in Vernon and the area around it (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).