How much do homes cost in Vernon, AZ?

The median list price of homes for sale in Vernon, AZ is $427,000, or $255 per square foot. Over the last 12 months, homes in Vernon, AZ sold for a median of $355,000.

How much do you need to make to buy a home in Vernon, AZ?

Roughly $113,000 a year at the median list price of $427,000. With 20% down and a 30-year loan at this week's average rate of 7.18%, the payment comes to about $2,634 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 8.4 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 97.8% 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 97.8% of the final list price over the last 12 months, and 3.7% 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 58 days. Homes for sale now have been listed for a median of 153 days.

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

Up 42.6%. Homes that sold in Vernon, AZ in the last 6 months went for a median of $271 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 homes are for sale in Vernon, AZ right now?

There are 129 listings in Vernon, AZ: 117 for sale and 12 pending or under contract. 3 came on the market in the last 7 days.

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

Buyers have the upper hand in Vernon, AZ right now, with 8.4 months of homes for sale, so pricing it right from day one matters most. Recent sales went under contract in a median of 58 days at 97.8% of list.

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Vernon, AZ Homes & Real Estate

129 listings

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462 days on market

Land for sale

$284,000

10.13 acres | $28,036/acre

Panoramic views • Electric available • Horses allowed

Lot 29 Red Cabin Ranch, Fox Tr, Vernon, AZ 85940

SEI Real Estate Professionals - Snowflake

758 days on market

Land for sale

$299,000

9.98 acres | $29,960/acre

Electric available • Horses allowed

Lot 17 Red Cabin Ranch, Vernon, AZ 85940

SEI Real Estate Professionals - Snowflake

758 days on market

Land for sale

$255,000

8.51 acres | $29,965/acre

Electric available • Horses allowed

Lot 12 Red Cabin Ranch, Vernon, AZ 85940

SEI Real Estate Professionals - Snowflake

758 days on market

Land for sale

$271,000

9.03 acres | $30,011/acre

Electric available • Horses allowed

Lot 10 Red Cabin Ranch, Vernon, AZ 85940

SEI Real Estate Professionals - Snowflake

758 days on market

Land for sale

$294,000

9.18 acres | $32,026/acre

Waterfront • Electric available • Horses allowed

Lot 7 Red Cabin Ranch, Vernon, AZ 85940

SEI Real Estate Professionals - Snowflake

758 days on market

Land for sale

$282,000

8.8 acres | $32,045/acre

Electric available • Horses allowed

Lot 6 Red Cabin Ranch, Vernon, AZ 85940

SEI Real Estate Professionals - Snowflake

758 days on market

Land for sale

$309,000

9.65 acres | $32,021/acre

Panoramic views • Electric available • Horses allowed

Lot 5 Red Cabin Ranch, Vernon, AZ 85940

SEI Real Estate Professionals - Snowflake

372 days on market

Land for sale

$1,250,000

110 acres | $11,364/acre

Electric available • Horses allowed • No HOA

TBD 3196, Vernon, AZ 85940

Realty Executives Arizona Territory - Show Low

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Your beds | your baths | your view

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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 Arizona Regional Multiple Listing Service. 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 should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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 homes cost in Vernon, AZ?: The median list price of homes for sale in Vernon, AZ is $427,000, or $255 per square foot. Over the last 12 months, homes in Vernon, AZ sold for a median of $355,000.
How much do you need to make to buy a home in Vernon, AZ?: Roughly $113,000 a year at the median list price of $427,000. With 20% down and a 30-year loan at this week's average rate of 7.18%, the payment comes to about $2,634 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 8.4 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 97.8% 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 97.8% of the final list price over the last 12 months, and 3.7% 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 58 days. Homes for sale now have been listed for a median of 153 days.
Are home prices in Vernon, AZ going up or down?: Up 42.6%. Homes that sold in Vernon, AZ in the last 6 months went for a median of $271 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 homes are for sale in Vernon, AZ right now?: There are 129 listings in Vernon, AZ: 117 for sale and 12 pending or under contract. 3 came on the market in the last 7 days.
Is it a good time to sell a home in Vernon, AZ?: Buyers have the upper hand in Vernon, AZ right now, with 8.4 months of homes for sale, so pricing it right from day one matters most. Recent sales went under contract in a median of 58 days at 97.8% of list. See what your Vernon home is worth →

From MLS listings and sales, updated every 30 minutes. Last updated Nov 11, 2026.

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