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Today: September 22, 2025

Current Price

$156,286

1 Month Forecast

$157,235

1-Year Forecast *

$160,086

5-Year Forecast *

$161,908

"Is it a good time to buy homes in Vernon?" "Does investing in real estate in Vernon (Illinois State, Fayette County) worth it?" According to our live Forecast System, buying a house in Vernon is a not so good short-term (1-year) investment*. The Vernon average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Vernon" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Vernon in Illinois State, Fayette County. If you are looking for homes for sale with good flipping profit, Vernon can be a profitable property investment option. The median price of an average house in Vernon was 156,286 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Vernon" area is 161,908 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +3.60% meaning that investing 100000 USD today may yield a profit of 3,597 USD by 2030.

Current Median Listing Price: 156,286 USD Median Listing Price Per Square Foot: 87 USD

Vernon Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Vernon (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Vernon Price Target

Vernon median home price target in 12 months: $160,086* (upside of 2.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $166,100 $156,286 $156,286 $168,361
2023 $170,255 $168,564 $168,564 $173,246
2022 $166,706 $168,912 $166,706 $177,237
2021 $149,510 $162,867 $147,306 $162,867
2020 $131,475 $149,422 $131,475 $149,422
2019 $118,891 $128,462 $118,891 $128,462
2018 $134,662 $118,462 $118,462 $134,662
2017 $136,244 $135,407 $131,886 $136,244
2016 $0 $136,418 $0 $147,216
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0
2011 $0 $0 $0 $0

Questions & Answers about the Vernon Housing Market Forecast

How much does an average home cost in Vernon today?

The value of an average home (the listing price) in Vernon is $156,286 USD.

What is the average price per square foot in Vernon?

According to Walletinvestor the median price per square foot in Vernon is 87 USD.

Will the median listing price of homes in Vernon grow / rise / go up?

Yes. The Vernon home prices may rise from 156,286 USD to 160,086 USD in one year.

Is it profitable to invest in Vernon homes?

Yes. The long-term profit potential is +2.43% in one year.

Will Vernon house prices fall / drop?

No. See above.

What is the predicted price of a Vernon home in 2030?

The predicted home sales price of a Vernon home in 2030 in Vernon is 161,908 USD.

What is the predicted price of a Vernon home in 2035?

The predicted home sales price of a Vernon home in 2035 in Vernon is 176,084 USD.

Will real estate prices decrease in Vernon?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Vernon is the 23173. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Fayette, Vernon decreased, looking at the past 12 months.

According to Walletinvestor's Vernon real estate market research, home values will increase in the next 12 months.

Median home values decreased by 0.334% to 156,286 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 0.901% in 2020
  • 1.241% in 2021
  • 1.821% in 2022
  • 3.321% in 2023
  • 3.351% in 2024
  • 2.151% in 2025

Based on our Vernon real estate market research and report the predicted sales prices will increase by 27.150% in the next 10 years.

Over the last 12 months, the value of homes in Vernon fluctuated: increasing 1 times and decreasing 2 times.

Vernon (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Vernon Housing Market Forecast with Real Estate Prices for 2025
January 2025 157235 144813 169656
February 2025 158189 149014 167364
March 2025 158586 143203 173969
April 2025 158679 143922 173437
May 2025 158275 143239 173311
June 2025 157644 148974 166314
July 2025 157069 141676 172461
August 2025 156341 148367 164314
September 2025 157206 145258 169154
October 2025 158160 144875 171445
November 2025 159120 144958 173282
December 2025 160086 144077 176094
Vernon Housing Market Forecast with Real Estate Prices for 2026
January 2026 161057 152843 169271
February 2026 162035 149558 174511
March 2026 163018 154867 171169
April 2026 164008 150887 177128
May 2026 165003 153453 176553
June 2026 166004 152724 179285
July 2026 167012 154319 179705
August 2026 168026 154079 181972
September 2026 168701 153349 184053
October 2026 167794 152189 183399
November 2026 166892 155043 178741
December 2026 165995 155869 176120
Vernon Housing Market Forecast with Real Estate Prices for 2027
January 2027 165288 149255 181320
February 2027 164832 152305 177359
March 2027 165453 151555 179351
April 2027 166457 154639 178276
May 2027 167467 153735 181200
June 2027 168484 158543 178424
July 2027 168386 152221 184552
August 2027 168056 157636 178475
September 2027 167328 157456 177200
October 2027 166893 158381 175404
November 2027 166841 152659 181022
December 2027 167211 154503 179919
Vernon Housing Market Forecast with Real Estate Prices for 2028
January 2028 166868 153685 180050
February 2028 165971 153357 178584
March 2028 165078 154183 175974
April 2028 164191 151384 176998
May 2028 163336 149126 177546
June 2028 164328 154632 174023
July 2028 165325 154248 176402
August 2028 165020 154129 175911
September 2028 164133 150510 177756
October 2028 163251 154925 171576
November 2028 162373 153605 171141
December 2028 161500 153425 169575
Vernon Housing Market Forecast with Real Estate Prices for 2029
January 2029 161013 146521 175504
February 2029 161251 150769 171732
March 2029 160961 150338 171584
April 2029 161938 146068 177808
May 2029 162921 149235 176606
June 2029 163330 150426 176233
July 2029 163426 152313 174539
August 2029 163009 150457 175561
September 2029 162359 152780 171939
October 2029 161767 150605 172929
November 2029 161017 146847 175186
December 2029 161908 152841 170975
Vernon Housing Market Forecast with Real Estate Prices for 2030
January 2030 162891 151326 174456
February 2030 163879 147819 179940
March 2030 164874 153663 176086
April 2030 165875 150614 181135
May 2030 166881 155867 177896
June 2030 167894 156142 179647
July 2030 168913 153711 184115
August 2030 169938 158723 181154
September 2030 170970 156437 185502
October 2030 172007 157215 186800
November 2030 173051 164226 181877
December 2030 173747 160021 187473
Vernon Housing Market Forecast with Real Estate Prices for 2031
January 2031 172813 162444 183182
February 2031 171884 163118 180650
March 2031 170960 156599 185321
April 2031 170232 153549 186914
May 2031 169762 153295 186229
June 2031 170402 159326 181478
July 2031 171436 158064 184808
August 2031 172477 157989 186965
September 2031 173523 159989 187058
October 2031 173423 162151 184696
November 2031 173082 159928 186237
December 2031 172333 155617 189049
Vernon Housing Market Forecast with Real Estate Prices for 2032
January 2032 171885 157274 186495
February 2032 171831 158085 185578
March 2032 172212 155852 188573
April 2032 171859 155876 187842
May 2032 170935 155551 186319
June 2032 170016 161005 179027
July 2032 169102 154898 183307
August 2032 168222 151904 184539
September 2032 169243 158242 180244
October 2032 170270 158351 182189
November 2032 169956 154150 185762
December 2032 169042 158393 179692

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.