Coming soon
$2,434 Closing Credit¹
Kelly Britt, Listing Office: Berkshire Hathaway NE Prop.
Vernon Housing Market Report December 2024•Tolland County, Connecticut
Housing Prices in Vernon, CT
How much do homes in Vernon, CT cost?
Housing Market Conditions
Is Vernon, CT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Vernon is a Seller's Market
Difference Since December 2023
Since last year, Vernon has remained a Seller's Market.
Insight
Vernon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$301,000$190/SqFt
+$27,250
+10.0%
Based on all homes sold in the last 12 months
Insight
Homes in Vernon have sold for 10% more than they did a year ago.
Summary: The median home sold price in Vernon was $301,000 in December 2024, up 10% from last year, and the median price per square foot was $190.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Manchester | $282.8K | $312.6K | +10.6% |
| Vernon | $273.7K | $301K | +10.0% |
| Vernon Rockville | $275K | $301K | +9.5% |
| Bolton | $376.5K | $410K | +8.9% |
| South Windsor | $370K | $400.2K | +8.2% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $100K | $145K | +45.0% |
| 22 Bedrooms | $187K | $215K | +15.0% |
| 55+ Bedrooms | $324K | $313.7K | -3.2% |
| 33 Bedrooms | $291.5K | $330K | +13.2% |
| 44 Bedrooms | $350K | $355K | +1.4% |
Summary: Vernon housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +45.0%. The home price for 2 bedroom homes increased by +15.0%. The home price for 5 bedroom homes decreased by -3.2%. The home price for 3 bedroom homes increased by +13.2%. The home price for 4 bedroom homes increased by +1.4%.
Housing supply in Vernon, CT
How many homes are available in Vernon, CT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 55Last MonthDec 2024 | ||
| 712 months agoNov 2024 | -22.5 % Change MoMNov – Dec |
Summary: The Vernon real estate market had 55 homes for sale in Dec 2024, a 22.5 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 25Last MonthDec 2024 | ||
| 202 months agoNov 2024 | +25.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 4 | 2 | -50.0% |
| 22 Bedrooms | 18 | 12 | -33.3% |
| 55+ Bedrooms | 9 | 7 | -22.2% |
| 33 Bedrooms | 26 | 22 | -15.4% |
| 44 Bedrooms | 14 | 12 | -14.3% |
Summary: Vernon housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 5 bedroom homes decreased by -22.2%. The inventory for 3 bedroom homes decreased by -15.4%. The inventory for 4 bedroom homes decreased by -14.3%.
Asking Price vs. Sold Price
How much do homes in Vernon, CT cost?
Over Asking Price17 Homes
At Asking Price3 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in Vernon, you could pay more than the asking price. 68% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Vernon in December 2024, up by 25.0% month-over-month. Of the 25 sold homes, 20% were sold under asking, 12% were sold at asking, and and 68% were sold over asking.
Days on Market for Vernon, CT
How long does it take to sell a home in Vernon, CT?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Vernon are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 25 homes were sold in Vernon; 4% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 26 DaysThis YearDec 2024 | ||
| 0 Days1 year agoDec 2023 | 0.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Vernon had an average listing age of 26 days in Dec 2024, down by .0% compared to the previous year.
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Newest Listings in Vernon, CT
What homes are available in Vernon, CT?
New - 7 hours on Rocket
Joseph Carnemolla, Listing Office: Campbell-Keune Realty Inc
New - 1 day on Rocket
$1,484 Closing Credit¹
Kathleen Sitek, Listing Office: Berkshire Hathaway NE Prop.
New - 1 day on Rocket
$10,000 Closing Credit¹
Jeni Mascaro, Listing Office: Keller Williams Realty
New - 5 days on Rocket
$4,749 Closing Credit¹
Gloria Townsend, Listing Office: Coldwell Banker Realty
New - 5 days on Rocket
$2,374 Closing Credit¹
Gregory Leone, Listing Office: Coldwell Banker Realty
$3,264 Closing Credit¹
Joshua McGee, Listing Office: William Raveis Real Estate
$3,266 Closing Credit¹
Peter Meng, Listing Office: William Raveis Real Estate
$2,969 Closing Credit¹
Zack Decaro, Listing Office: Property Works New England
$4,501 Closing Credit¹
Heather Billingsley, Listing Office: eRealty Advisors, Inc.
$4,986 Closing Credit¹
Kathleen Sitek, Listing Office: Berkshire Hathaway NE Prop.
Backup offers
$3,384 Closing Credit¹
Nancy Brown, Listing Office: Country Way Realty, LLC
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MLS Disclaimers and Copyright
Based on information from SmartMLS, for the period 01/01/2023 - 01/01/2025
Copyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.