How much do price reduced properties cost in Vernon, AZ?

The median list price of price reduced properties for sale in Vernon, AZ is $370,000, or $225 per square foot. Over the last 12 months, homes in Vernon, AZ sold for a median of $352,500.

How much do you need to make to afford price reduced properties in Vernon, AZ?

Roughly $98,000 a year at the median list price of $370,000. With 20% down and a 30-year loan at this week's average rate of 7.18%, the payment comes to about $2,283 a month with property taxes and insurance, and lenders often look for housing costs of about 28% of gross income or less. Your debts, down payment and credit all change the number.

Is Vernon, AZ a buyer's or seller's market?

Vernon, AZ is a buyer's market for homes right now. There are 8.8 months of homes for sale at the current pace of sales (under 4 months usually favors sellers, over 6 favors buyers). Homes are selling for a median of 97.9% of the asking price, and 34% of homes for sale have had a price cut.

Do homes in Vernon, AZ sell above or below asking price?

Mostly below asking. Homes in Vernon, AZ sold for a median of 97.9% of the final list price over the last 12 months, and 3.8% of recent sales closed above list.

How fast are homes selling in Vernon, AZ?

Homes that sold in Vernon, AZ over the last 6 months went under contract in a median of 55 days. Price reduced properties for sale now have been listed for a median of 183 days.

Are home prices in Vernon, AZ going up or down?

Up 43.7%. Homes that sold in Vernon, AZ in the last 6 months went for a median of $273 per square foot, compared with $190 in the 6 months before. Mountain-town prices swing with the seasons, so treat this as a rough guide.

How many price reduced properties are for sale in Vernon, AZ right now?

There are 29 listings of price reduced properties in Vernon, AZ: 22 for sale and 7 pending or under contract.

Is it a good time to sell a home in Vernon, AZ?

Buyers have the upper hand in Vernon, AZ right now, with 8.8 months of homes for sale, so pricing it right from day one matters most. Recent sales went under contract in a median of 55 days at 97.9% of list.

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Vernon, AZ Price Reduced Homes and Land for Sale

29 homes and lots in Vernon now listed below their original asking price.

29 listings

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4 bed manufactured home at 30 N 3026, Vernon

Pending

Manufactured home for sale

$379,900

4 bds | 2 ba | 2,072 sqft | 2.33 acres

Horses allowed • No HOA

30 N 3026, Vernon, AZ 85940

SEI Real Estate Professionals - Snowflake

3 bed manufactured home at 26 Acr 3027, Vernon

Pending

Manufactured home for sale

$450,000

3 bds | 2 ba | 1,707 sqft | 2.03 acres

Panoramic views • Horses allowed • No HOA

26 Acr 3027, Vernon, AZ 85940

HomeSmart

275 days on market

Land for sale

$224,900

39.87 acres | $5,641/acre

Electric available • Horses allowed • No HOA

76 N3130, Vernon, AZ 85940

Advantage Realty Professionals - Lakeside

Price cut: $19,050 (11/3)

Land for sale

$159,950

20 acres | $7,998/acre

Horses allowed • No HOA

10 county road n 3071, Vernon, AZ 85940

West USA Realty - Show Low

Price cut: $2,000 (10/30)

Land for sale

$10,999

2.15 acres | $5,116/acre

No HOA

10 Co Road, # 8125, Vernon, AZ 85940

Re/Max Fine Properties-Pinetop

424 days on market

Land for sale

$1,400,000

165.8 acres | $8,444/acre

Electric available • Horses allowed • No HOA

TBD Hwy US 60, Vernon, AZ 85940

White Mountain Realty

2 bed house at 104 County Rd 3114, Vernon

Under Contract

House for sale

$439,900

2 bds | 2 ba | 1,800 sqft | 8.62 acres

Panoramic views • Horses allowed • No HOA

104 County Rd 3114, Vernon, AZ 85940

Aces High Real Estate

3 bed manufactured home at 28 CR N3069, Vernon

533 days on market

Manufactured home for sale

$195,000

3 bds | 2 ba | 1,075 sqft | 2.51 acres

Horses allowed • No HOA

28 CR N3069, Vernon, AZ 85940

Realty Executives Arizona Territory - Show Low

Not seeing it?

Your dream home

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Your beds | your baths | your view

Anywhere in Vernon, AZ

Found for you by Teri & Jenny · West USA Realty

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207 days on market

House for sale

$950,000

5 bds | 5 ba | 4,297 sqft | 6.23 acres

Horses allowed • No HOA • Fireplace

70 CR N3077, Vernon, AZ 85940

Mountain Retreat Realty Experts, LLC - Lakeside

Pending

Land for sale

$34,000

1.37 acres | $24,818/acre

Electric available • No HOA

51 County Rd 3193, Vernon, AZ 85940

West USA Realty - Show Low

3 bed manufactured home at 6 N3178, Vernon

Price cut: $5,000 (10/23)

Manufactured home for sale

$370,000

3 bds | 2 ba | 1,664 sqft | 5.24 acres

Horses allowed • No HOA

6 N3178, Vernon, AZ 85940

Keller Williams Arizona Realty - Pinetop

184 days on market

Land for sale

$129,000

1.86 acres | $69,355/acre

Electric available • Horses allowed • No HOA

9 CR, N3029, Vernon, AZ 85940

SEI Real Estate Professionals - Snowflake

4 bed manufactured home at 31 Co Road, Vernon

Price cut: $20,000 (10/27)

Manufactured home for sale

$379,000

4 bds | 2 ba | 2,003 sqft | 1.62 acres

Panoramic views • Horses allowed • No HOA

31 Co Road, 3027, Vernon, AZ 85940

Realty Executives Arizona Territory - Show Low

Pending

Land for sale

$27,000

1.17 acres | $23,077/acre

Electric available • Horses allowed • No HOA

68 N3132, Vernon, AZ 85940

Realty Executives Arizona Territory - Pinetop

3 bed manufactured home at 10 CR N3254, Vernon

Price cut: $10,000 (10/20)

Manufactured home for sale

$489,900

3 bds | 2 ba | 1,980 sqft | 5.99 acres

Panoramic views • Horses allowed • No HOA

10 CR N3254, Vernon, AZ 85940

Realty Executives Arizona Territory - Show Low

3 bed manufactured home at 10 N3085, Vernon

Price cut: $20,000 (10/12)

Manufactured home for sale

$365,000

3 bds | 2 ba | 1,552 sqft | 1.12 acres

Horses allowed • No HOA

10 N3085, Vernon, AZ 85940

HomeSmart

Price cut: $5,000 (10/12)

Land for sale

$194,999

9.97 acres | $19,559/acre

Electric available • Horses allowed • No HOA

TBD N3119, Vernon, AZ 85940

West USA Realty - Pinetop

4 bed manufactured home at 53 County Road, Vernon

Price cut: $20,000 (10/9)

Manufactured home for sale

$330,000

4 bds | 2 ba | 2,128 sqft | 1 acres

Panoramic views • No HOA

53 County Road, # 3203, Vernon, AZ 85940

Country Life Real Estate

255 days on market

Land for sale

$129,000

18.34 acres | $7,034/acre

Electric available • Horses allowed • No HOA

Lot 15A N3411, Vernon, AZ 85940

All Seasons Properties

Price cut: $26,000 (9/29)

House for sale

$399,000

4 bds | 2 ba | 1,750 sqft | 1.89 acres

Horses allowed • No HOA • 2-car garage

35774 Us 60, Vernon, AZ 85940

West USA Realty - Show Low

793 days on market

Land for sale

$19,900

0.29 acres | $68,621/acre

Horses allowed • No HOA

4 County Road 3331, Vernon, AZ 85940

White Mountain Realty

201 days on market

House for sale

$309,900

2 bds | 1 ba | 960 sqft | 2.34 acres

Panoramic views • Horses allowed • No HOA

75 N3132, Vernon, AZ 85940

HomeSmart

2 bed house at 3 County Road 3146, Vernon

Price cut: $4,900 (9/21)

House for sale

$315,000

2 bds | 2 ba | 1,197 sqft | 0.56 acres

No HOA • Fireplace

3 County Road 3146, Vernon, AZ 85940

Realty Executives Arizona Territory - Show Low

Price cut: $210,000 (9/21)

House for sale

$3,690,000

6 bds | 4 ba | 5,000 sqft | 139.84 acres

Panoramic views • Horses allowed • No HOA

4 N 3163, Vernon, AZ 85940

Advantage Realty Professionals - Lakeside

4 bed house at 26 Palomino Place, Vernon

161 days on market

House for sale

$585,000

4 bds | 3 ba | 3,149 sqft | 5 acres

Panoramic views • Horses allowed • No HOA

26 Palomino Place, Vernon, AZ 85940

Elk Country Realty LLC

Pending

Land for sale

$65,000

4.82 acres | $13,485/acre

Electric available • Horses allowed

60 County Road 8140, Lot 15, Vernon, AZ 85940

Torreon Realty

1 bed house at 28 County Road N3099, Vernon

187 days on market

House for sale

$120,000

1 bds | 1 ba | 280 sqft | 2 acres

Horses allowed • No HOA

28 County Road N3099, Vernon, AZ 85940

Century 21 Sunshine Realty

574 days on market

Land for sale

$79,000

5 acres | $15,800/acre

Waterfront • Electric available • Horses allowed

105 Co RD Road, # 3168, Vernon, AZ 85940

Advantage Realty Professionals - Lakeside

Pending

Land for sale

$80,000

1.16 acres | $68,966/acre

Electric available • Horses allowed • No HOA

14 Co Rd 3398, Vernon, AZ 85940

Realty One Group - Gilbert

Listing data provided by White Mountain Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed accurate by the White Mountain Association of REALTORS® Copyright 2026 White Mountain Association of REALTORS® All rights reserved.

Vernon real estate market questions

How much do price reduced properties cost in Vernon, AZ?: The median list price of price reduced properties for sale in Vernon, AZ is $370,000, or $225 per square foot. Over the last 12 months, homes in Vernon, AZ sold for a median of $352,500.
How much do you need to make to afford price reduced properties in Vernon, AZ?: Roughly $98,000 a year at the median list price of $370,000. With 20% down and a 30-year loan at this week's average rate of 7.18%, the payment comes to about $2,283 a month with property taxes and insurance, and lenders often look for housing costs of about 28% of gross income or less. Your debts, down payment and credit all change the number.
Is Vernon, AZ a buyer's or seller's market?: Vernon, AZ is a buyer's market for homes right now. There are 8.8 months of homes for sale at the current pace of sales (under 4 months usually favors sellers, over 6 favors buyers). Homes are selling for a median of 97.9% of the asking price, and 34% of homes for sale have had a price cut.
Do homes in Vernon, AZ sell above or below asking price?: Mostly below asking. Homes in Vernon, AZ sold for a median of 97.9% of the final list price over the last 12 months, and 3.8% of recent sales closed above list.
How fast are homes selling in Vernon, AZ?: Homes that sold in Vernon, AZ over the last 6 months went under contract in a median of 55 days. Price reduced properties for sale now have been listed for a median of 183 days.
Are home prices in Vernon, AZ going up or down?: Up 43.7%. Homes that sold in Vernon, AZ in the last 6 months went for a median of $273 per square foot, compared with $190 in the 6 months before. Mountain-town prices swing with the seasons, so treat this as a rough guide.
How many price reduced properties are for sale in Vernon, AZ right now?: There are 29 listings of price reduced properties in Vernon, AZ: 22 for sale and 7 pending or under contract.
Is it a good time to sell a home in Vernon, AZ?: Buyers have the upper hand in Vernon, AZ right now, with 8.8 months of homes for sale, so pricing it right from day one matters most. Recent sales went under contract in a median of 55 days at 97.9% of list. See what your Vernon home is worth →

From MLS listings and sales, updated every 30 minutes. Last updated Nov 7, 2026.

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