Median price for residential apartments in Vernon, AL as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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10 Vernon, AL 35592, USA apartments for sale
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Vernon
According to statistics, the population in Vernon, AL amounts to 1,956, which shows decline -19% compared to the previous year. The median age of the city’s residents is 39. The average household income is $29,118, shifting growth 13% from the past year, and the average property value in Vernon, AL growth 2% to $78,100 throughout the year.
| Population | 1,956 |
| Median Age | 39.4 |
| Poverty Rate | 31% |
| Household Income | $29,118 |
| Number Of Employees | 750 |
| Median Property Value | $78,100 |
Household Income
The average household income in Vernon, AL grew from $25,759 to $29,118 in the past year. This data is an estimate based upon 894 households in Vernon, AL . The chart below presents how household income is distributed in Vernon, AL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Vernon, AL shifted from $76,500 to $78,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Vernon, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Vernon, AL properties falls in the '$70,000 to $79,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Vernon, AL compared to median property taxes around the country. The prevalent amount of property taxes in Vernon, AL equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Vernon, AL 35592, USA
Average apartment sale in Vernon: $102,500 (-15.9%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| 3-bed apartments | $102,500 | -7.4% |
During Jan 2023, the average price for an apartment in/near Vernon, AL decreased by 15.9% to $102,500.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $199,900 with no changes this month. A 3-bed apartment goes for $102,500, it decreased by 7.4% lately.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Houses for sale | $102,500 | -15.9% |
Price reports demonstrate that house price decreased by 15.9% this month making it up to $102,500.
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