Vernon, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 311 transactions over the past year in Vernon. The median value for residential home transactions that occurred over the previous year is $277,982. The number of current listings in Vernon is 201, and the percentage of properties for sale in the city is 201.00%. Vernon, NJ currently has 57 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 201 properties for sale.
Vernon, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 07462 | $ 277,982 $ 267/sqft |
Housing Market Summary for Vernon, NJ
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $248K | $249.9K | 0.77% |
| Median Sold Price | $327.9K | $248.1K | -24.34% |
| Homes For Sale | 140 | 202 | 44.29% |
| Homes Sold | 76 | 103 | 35.53% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Vernon, NJ
Browse Homes in Vernon, NJ
Vernon home values range from $90,000 to $808,467. The median estimated value of a home in Vernon is $277,982. The median list price of a home is 249,900, and the total count of properties in the city is 425.
- Pre-ForeclosurePre-foreclosure homes account for 12.94% of all residential properties in Vernon, NJ with 07462 containing 55 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Vernon, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $808,467 in 07462 to the lowest home value of $164,900 in 07462.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Vernon, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Vernon, NJ. There is 1 zips within Vernon, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07462 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Vernon, NJ. Auction homes and other auction properties account for 0.47% of all properties in Vernon, NJ. There is 1 zips within Vernon, NJ; of that zips, the median estimated home value for homes going to auction ranges from $339,994 in 07462 to the lowest value of $219,482 in 07462.
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Guide for Vernon, NJ
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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