Vernon, TX

There is no doubt that the Vernon, TX metropolitan statistical area (MSA) is a hotbed for real estate activity. The combination of strong job growth, low interest rates, and limited new construction has resulted in a sellers’ market in many parts of the MSA.

Home prices have been rising steadily for the past few years, and there is no sign of this trend slowing down. In fact, according to Zillow, the median home value in Vernon is currently $142,700, which is an increase of 8.4% over the past year. Additionally, they predict that prices will rise another 5.3% over the next year.

If you are thinking of buying a home in Vernon or any other part of the MSA, now is a great time to do so. However, you should be prepared to compete with other buyers who are also looking to take advantage of these favorable conditions.