Is Vernon, FL 32462 a buyer’s or seller’s market?
Vernon is a seller’s market. With about 2.1 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Vernon housing market right now
In the three months ending August 31, 2026, 0% of homes in Vernon, FL 32462 sold above their list price, the typical home went under contract in 19 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (220 days then) and the median sale price fell 53% to $159,931. Overall, Vernon is more competitive than a year ago, so tougher for buyers.
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Nearby markets
Caryville 32427 — /sq ftChipley 32428Balanced $153 /sq ftEbro 32437 — /sq ft Browse all markets →Towns like Vernon nearby
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Questions about Vernon real estate
Is Vernon a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Vernon, FL 32462 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Vernon?
The typical home went under contract in 19 days in the latest three months.
Do homes in Vernon sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 89.9% of the list price.
What are property taxes in Vernon?
About 0.46% of a home’s value a year in Washington County, or roughly $1,840 on a $400,000 home.
What is the median home price in Vernon?
The median sale price was $159,931 in the three months ending August 31, 2026, about $120 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology