Call or Text (240) SELL-123

VERNON, MI 48476

Real Estate Market Report  ·  Shiawassee County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The VERNON, MI real estate market (48476) currently shows 4 active listings, with 1 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 65 days on market compared to 75 days last year.

The median listing price has fallen 18.6% year-over-year, from $227,400 to $185,000.

Whether you are buying or selling in VERNON, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for VERNON, MI 48476 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 604  ·  Density: 341.5/mi²  ·  Median household income: $75,568

Typical home value: $114,958  ·  Homeownership: 97.4%

Market Overview

Active Listings
4
⇧ 33.3% vs 3 last year
Pending
1
25% pending ratio
Median Price
$185,000
⇩ 18.6% vs $227,400 last year
Average Price
$178,633
⇩ 21.4% vs $227,400 last year
Days on Market
65
⇩ 13.3% vs 75 days last year

Price Per Square Foot

Median $/sqft
$58
⇩ 58.6% vs $140/sqft last year
Median Home Size
1,200 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 3 last year
  • Days on market: 65 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $185,000 (-18.6% YoY)
  • Average: $178,633 (-21.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.7 miles — 490 listings ($111,613,101 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48476Vernon, MI 484760.0 mi2$355,900$177,950$177,950
48817Corunna, MI 488175.6 mi15$2,838,795$167,500$189,253
48449Lennon, MI 484496.0 mi5$1,462,335$269,900$292,467
48867Owosso, MI 488679.1 mi88$19,246,040$189,900$218,705
48418Byron, MI 484189.7 mi13$4,444,375$329,900$341,875
48433Flushing, MI 4843312.8 mi58$16,899,576$262,400$291,372
48460New Lothrop, MI 4846013.3 mi2$399,800$199,900$199,900
48451Linden, MI 4845114.4 mi75$36,379,200$455,895$485,056
48504Flint, MI 4850416.5 mi93$4,660,881$36,250$50,117
48866Ovid, MI 4886617.6 mi12$2,844,288$258,222$237,024
48503Flint, MI 4850318.1 mi93$7,533,186$69,000$81,002
48502Flint, MI 4850218.2 mi1$150,000$150,000$150,000
48836Fowlerville, MI 4883618.7 mi33$14,398,725$359,900$436,325

Frequently Asked Questions

How many homes are for sale in VERNON, MI 48476?

As of February 2026, there are 4 active listings in VERNON, MI (zip code 48476), compared to 3 the prior year.

What is the median home price in VERNON, MI 48476?

The median listing price in VERNON, MI 48476 is $185,000 as of February 2026, a 18.6% decrease from $227,400 the prior year.

How long do homes stay on the market in VERNON, MI?

Homes in VERNON, MI 48476 spend an average of 65 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in VERNON, MI 48476?

Based on current inventory and days-on-market data as of February 2026, VERNON, MI 48476 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 65 days on market compared to 75 days last year.

How much can I save on real estate commission in VERNON, MI?

With SELL123.com's maximum 3% commission, sellers in VERNON, MI 48476 save an estimated $3,700 compared to a typical 5% commission on the median listing price of $185,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.