North Vernon, IN Home Values & Market Trends

Real estate market trends reflect that there have been 189 transactions over the past year in North Vernon. The median value for residential home transactions that occurred over the previous year is $209,374. The number of current listings in North Vernon is 230, and the percentage of properties for sale in the city is 230.00%. North Vernon, IN currently has 8 properties in foreclosure, 5 bank owned properties, 2 properties headed for auction, and 230 properties for sale.

North Vernon, IN Real Estate Market Overview

ZipMedian Est. Value
47265

$ 209,374

$ 152/sqft

Housing Market Summary for North Vernon, IN

Sep 2025September 2026Change
Median Listing Price$185.8K$189.9K2.23%
Median Sold Price$217.1K$168K-22.65%
Homes For Sale17722728.25%
Homes Sold14632-78.08%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in North Vernon, IN

North Vernon home values range from $35,834 to $639,900. The median estimated value of a home in North Vernon is $209,374. The median list price of a home is 189,950, and the total count of properties in the city is 274.

Foreclosure
There is 1 zips within North Vernon, IN; within this zips, the median estimated home value for homes in foreclosure ranges from $209,519 in 47265 to the lowest value of $66,697 in 47265. Foreclosure homes account for 2.00% of properties in North Vernon, IN with 47265 containing 8 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.36% of all residential properties in North Vernon, IN with 47265 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within North Vernon, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in 47265 to the lowest home value of $0 in 47265.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in North Vernon, IN ranges from the highest value of $209,519 in 47265 to the lowest value of $66,697 in 47265. Bank owned homes and properties account for 1.82% of properties in North Vernon, IN. There is 1 zips within North Vernon, IN; 47265 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    47265 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of North Vernon, IN. Auction homes and other auction properties account for 0.73% of all properties in North Vernon, IN. There is 1 zips within North Vernon, IN; of that zips, the median estimated home value for homes going to auction ranges from $143,214 in 47265 to the lowest value of $133,357 in 47265.
Homes for Sale
Homes and properties that are actively listed for sale account for 83.94% of residential properties in North Vernon, IN with 47265 containing 230 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within North Vernon, IN; homes for sale in that zips, have a range of median values from $639,900 in 47265 to the lowest value of $35,834 in 47265.
    Sold Homes
    The median value for recently sold homes ranges from $333,339 in 47265 to the lowest price of $56,440 in 47265. There is 1 zips within North Vernon, IN. 47265 has 28 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 10.22% of properties in North Vernon, IN.

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      Guide for North Vernon, IN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.