Market Intelligence Report — TX-900

Vernon, TX

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TX-08
As of the latest 2026 data
Very Weak

Median Listing

$203K
-11.9% YoY

Pending Ratio

0.16
-1.6% YoY

Active Inventory

19
-58.7% YoY

Median DOM

52 Days
-46.4% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's very weak Vernon market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Vernon, TX.

Free ReportNo Sign-up~60 Seconds

The Vernon metro housing market is currently classified as Very Weak, characterized by a pending ratio of 0.16. This indicates severely limited demand absorption relative to the available supply, with only 3 pending listings out of a total of 22 active properties.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Vernon market right now.

Active listings have contracted sharply, declining 58.7% over the past year, while new listings show an even more pronounced reduction of 66.7% year-over-year. Despite this inventory constraint, the median listing price has decreased by 11.9% year-over-year, alongside a 4.8% decline in the median price per square foot. The pending ratio has also slightly declined by 1.6% over the past year.

Historical Analysis

Market Trends

Median Price

$203K+4.3% MoM

Active Inventory

19-58.7% YoY

Days on Market

52-46.4% YoY

Sold Score™

34-1.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

34
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio well below 0.25, the market exhibits very limited demand absorption, suggesting buyers face minimal pressure for rapid decision-making. The current environment favors price discipline from buyers, given the low pace of sales and persistent inventory challenges for sellers.

Luxury Segment

The average listing price increased by 24.2% year-over-year, contrasting with a significant 11.9% decline in the median listing price. This divergence suggests potential stratification, where higher-priced segments may be experiencing different dynamics compared to the broader market, though median $/sqft shows a decline.

Supply Dynamics

19 active listings represent the current floor, with new supply arriving at roughly 4 per month.

Pricing Pressure
26.7%

of active listings carry a price reduction, +26.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -4.8% year-over-year.

Absorption
0.16

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Vernon, TX? Homes here are taking 45 days less to sell than last year.

Buyers have leverage in Vernon, TX. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
16%
Median Days on Market
52 days
Inventory YoY
−59%

In a buyer's market, strategy beats timing. See how your home scores in Vernon, TX and what moves the number.

See my Sold Score & selling strategy

Prefer the data first? Get the monthly Vernon, TX briefing and watch the market before you list.

How the Sold Score works →

Agents: no featured expert covers Vernon, TX yet — claim this market →

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Vernon market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Track your ZIP

Get the Sold Score for your exact ZIP code in your inbox each month.

One email per month when your ZIP's Sold Score is updated. Unsubscribe anytime.

Metro Demographics

Metro Area
Vernon, TX
CBSA Code
46900
State
TX
Analysis FAQ
  • What is the current market condition in Vernon?+

    As of the latest 2026 data, the Vernon metro is classified as Very Weak. Pending ratio is 0.16 with median days on market at 52.

  • Are home prices dropping in Vernon?+

    Median listing price is $203K, -11.9% year over year. 26.7% of active listings carry a price reduction.

  • How fast are homes selling in Vernon?+

    The typical listing sits 52 days on market, a -46.4% change YoY. New listings are arriving at 4 per month.

  • What's happening in the Vernon luxury market?+

    The average listing price increased by 24.2% year-over-year, contrasting with a significant 11.9% decline in the median listing price. This divergence suggests potential stratification, where higher-priced segments may be experiencing different dynamics compared to the broader market, though median $/sqft shows a decline.

  • Where can I find a trusted Vernon real estate expert?+

    Primpted maintains a vetted registry of Vernon agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 46900 · 36mo history