Vernon Hills Real Estate Trends & Statistics

Vernon Hills Median List Price

$330,000

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Vernon Hills Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	108	90	20%	190	43%
Median List Price	$330,000	$324,900	2%	$273,500	21%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	8%	6%		13%
Median DOM	39	35	11%	74	47%
Median House Size	2,280	2,280		2,156	6%
Median $/Sqft	$157/sqft	$156/sqft	1%	$133/sqft	18%

	Today	1 Month Ago		1 Year Ago
Total Inventory	57	44	30%	92	38%
Median List Price	$474,900	$500,000	5%	$360,000	32%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	7%	-		10%
Median DOM	34	29	17%	83	59%
Median House Size	2,740	2,760	1%	2,677	2%
Median $/Sqft	$175/sqft	$176/sqft	1%	$154/sqft	14%

	Today	1 Month Ago		1 Year Ago
Total Inventory	51	46	11%	98	48%
Median List Price	$249,900	$264,900	6%	$149,000	68%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	10%	11%		16%
Median DOM	39	66	41%	66	41%
Median House Size	1,800	1,860	3%	1,449	24%
Median $/Sqft	$135/sqft	$135/sqft		$118/sqft	14%

Vernon Hills Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	48	27	30	24	19	15	21
New Listings	41	38	29	49	53	47	77
Sold/Expired	86	71	56	56	43	57	54

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	16	10	13	10	8	8	12
New Listings	14	16	11	17	26	30	46
Sold/Expired	37	27	25	23	20	32	29

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	32	17	17	14	11	7	9
New Listings	27	22	18	32	27	17	31
Sold/Expired	49	44	31	33	23	25	25

Vernon Hills, Illinois real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Vernon Hills homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Vernon Hills. Movoto is your comprehensive source for Vernon Hills property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Vernon Hills, IL Market Overview

Inventory: 108 Recently Sold: 54 New Listings: 77 Distressed: 8

Vernon Hills's home resale inventories increased, with a 20 percent increase since April 2013. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in May. The median listing price in Vernon Hills went up from April to May. There were a total of 1 price increases and 21 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

2245 Hazeltime Dr, Vernon Hills, IL