Current Price

$408,043

1 Month Forecast

â–² $448,214

1-Year Forecast *

â–² $479,365

5-Year Forecast *

â–² $591,399

"Is it a good time to buy homes in Vernon Hills?" "Does investing in real estate in Vernon Hills (Illinois State, Lake County) worth it?" According to our live Forecast System, buying a house in Vernon Hills is a good short-term (1-year) investment*. The Vernon Hills 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 Hills" 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 Hills in Illinois State, Lake County. If you are looking for homes for sale with good flipping profit, Vernon Hills can be a profitable property investment option. The median price of an average house in Vernon Hills was 408,043 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Vernon Hills" area is 591,399 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +44.94% meaning that investing 100000 USD today may yield a profit of 44,935 USD by 2031.

Current Median Listing Price: 408,043 USD Median Listing Price Per Square Foot: 227 USD

Vernon Hills 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 Hills (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

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

Vernon Hills Price Target

Vernon Hills median home price target in 12 months: $479,365* (upside of 17.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $436,680 $445,435 $436,680 $445,435
2024 $382,780 $408,043 $382,780 $408,043
2023 $354,766 $381,607 $354,766 $381,607
2022 $336,217 $354,934 $336,217 $354,934
2021 $303,426 $333,762 $303,426 $333,762
2020 $296,886 $301,570 $294,174 $301,570
2019 $300,607 $296,618 $296,618 $302,437
2018 $298,959 $300,483 $298,959 $302,870
2017 $292,253 $298,325 $292,253 $298,646
2016 $284,391 $290,402 $284,391 $290,402
2015 $277,559 $282,630 $277,559 $282,630
2014 $260,471 $275,453 $260,471 $275,453
2013 $227,778 $257,296 $227,778 $257,296
2012 $217,582 $225,338 $217,582 $225,338

Questions & Answers about the Vernon Hills Housing Market Forecast

How much does an average home cost in Vernon Hills today?

The value of an average home (the listing price) in Vernon Hills is $408,043 USD.

What is the average price per square foot in Vernon Hills?

According to Walletinvestor the median price per square foot in Vernon Hills is 227 USD.

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

Yes. The Vernon Hills home prices may rise from 408,043 USD to 479,365 USD in one year.

Is it profitable to invest in Vernon Hills homes?

Yes. The long-term profit potential is +17.48% in one year.

Will Vernon Hills house prices fall / drop?

No. See above.

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

The predicted home sales price of a Vernon Hills home in 2030 in Vernon Hills is 559,096 USD.

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

The predicted home sales price of a Vernon Hills home in 2035 in Vernon Hills is 730,511 USD.

Will real estate prices decrease in Vernon Hills?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Vernon Hills is the 2622. largest city in the United States, located in Illinois State.

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

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

Median home values decreased by 7.692% to 408,043 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 16.099% in 2021
  • 16.919% in 2022
  • 18.009% in 2023
  • 19.239% in 2024
  • 16.229% in 2025
  • 17.369% in 2026

Based on our Vernon Hills real estate market research and report the predicted sales prices will increase by 400.728% in the next 10 years.

Over the last 12 months, the value of homes in Vernon Hills fluctuated: increasing 4 times .

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

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

Date Average price Minimum price Maximum price
Vernon Hills Housing Market Forecast with Real Estate Prices for 2025
August 2025 448214 419528 476900
September 2025 451010 406811 495209
October 2025 453824 412072 495576
November 2025 456656 418753 494558
December 2025 459505 432394 486616
Vernon Hills Housing Market Forecast with Real Estate Prices for 2026
January 2026 462372 437404 487340
February 2026 465000 425010 504990
March 2026 467586 442336 492836
April 2026 470503 430040 510967
May 2026 473439 440772 506106
June 2026 476393 433517 519268
July 2026 479365 450603 508127
August 2026 482356 442803 521909
September 2026 485366 452846 517885
October 2026 488394 461532 515255
November 2026 491441 463920 518962
December 2026 492757 453829 531684
Vernon Hills Housing Market Forecast with Real Estate Prices for 2027
January 2027 492578 450217 534940
February 2027 492481 458007 526955
March 2027 492776 461731 523821
April 2027 493169 450757 535582
May 2027 492935 451529 534342
June 2027 493641 465504 521779
July 2027 495735 449136 542334
August 2027 498828 453934 543723
September 2027 501941 472326 531555
October 2027 505072 461131 549014
November 2027 508224 479255 537192
December 2027 511394 480711 542078
Vernon Hills Housing Market Forecast with Real Estate Prices for 2028
January 2028 514054 478070 550038
February 2028 515280 476634 553926
March 2028 516365 480220 552511
April 2028 517549 491672 543426
May 2028 519140 485915 552365
June 2028 522157 486128 558186
July 2028 525415 478653 572177
August 2028 528693 500143 557242
September 2028 531992 492624 571359
October 2028 534734 488212 581256
November 2028 536640 496929 576351
December 2028 539065 506721 571408
Vernon Hills Housing Market Forecast with Real Estate Prices for 2029
January 2029 541638 514556 568720
February 2029 544360 495912 592808
March 2029 546554 496817 596290
April 2029 548964 519869 578059
May 2029 552389 515931 588847
June 2029 555836 512480 599191
July 2029 559096 524991 593201
August 2029 561563 527870 595257
September 2029 562507 525382 599633
October 2029 562958 529743 596173
November 2029 563382 526199 600565
December 2029 566897 531750 602045
Vernon Hills Housing Market Forecast with Real Estate Prices for 2030
January 2030 570434 535067 605801
February 2030 573993 529222 618765
March 2030 577575 522127 633022
April 2030 581178 538171 624185
May 2030 584804 552640 616968
June 2030 588129 529316 646941
July 2030 591399 532850 649947
August 2030 595089 548077 642101
September 2030 598802 564670 632933
October 2030 602538 563373 641703
November 2030 606297 559612 652982
December 2030 610080 562494 657666
Vernon Hills Housing Market Forecast with Real Estate Prices for 2031
January 2031 613886 552498 675275
February 2031 617716 557798 677635
March 2031 621571 565629 677512
April 2031 623235 569013 677456
May 2031 623009 585629 660390
June 2031 622886 588627 657144
July 2031 623259 584617 661901
August 2031 623756 571985 675528
September 2031 623460 585429 661491
October 2031 624353 573156 675550
November 2031 627002 591890 662114
December 2031 630914 596845 664983
Vernon Hills Housing Market Forecast with Real Estate Prices for 2032
January 2032 634850 572000 697700
February 2032 638811 585790 691833
March 2032 642797 588159 697435
April 2032 646807 609293 684322
May 2032 650171 617012 683330
June 2032 651722 607405 696039
July 2032 653095 595622 710567

> 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.