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Is Vernon, AL 35592 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Vernon is a seller’s market. With about 3.2 months of supply and 50% 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list100.1%Sold price ÷ list price
Median days on market109Listing to accepted offer
Median price per sq ft$102▲ +27.5% vs. last year

The Vernon housing market right now

In the three months ending August 31, 2026, 50% of homes in Vernon, AL 35592 sold above their list price, the typical home went under contract in 109 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (24 days then) and the median sale price rose 39% to $271,882. Overall, Vernon is more competitive than a year ago, so tougher for buyers.

Run the numbers for 35592

Prefilled for 35592Can I win this house?Multiple-offer likelihood for a listing Prefilled for 35592Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Beaverton 35544 — /sq ftKennedy 35574 — /sq ftMillport 35576 — /sq ftSulligent 35586Seller’s market $89 /sq ft Browse all markets →

Towns like Vernon nearby

Find towns like Vernon in other states →
Sulligent, AL35586 · 7 miles away90% similarVery close on income, prices and more Carrollton, AL35447 · 35 miles away86% similar6 min longer commute Fayette, AL35555 · 16 miles away84% similarlarger Aberdeen, MS39730 · 26 miles away83% similarcheaper homes ($26K less) · larger

Where Vernon is

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Questions about Vernon real estate

Is Vernon a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Vernon, AL 35592 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 109 days in the latest three months.

Do homes in Vernon sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.

What are property taxes in Vernon?

About 0.24% of a home’s value a year in Lamar County, or roughly $960 on a $400,000 home.

What is the median home price in Vernon?

The median sale price was $271,882 in the three months ending August 31, 2026, about $102 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