73Alpha

Vernon, TX metro area Housing Market Brief

metro · as of May 2026

Seller's

What is Vernon, TX metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-51.621
Inventory Health25%
+38.099
Affordability20%
98
Economic Strength20%
No data
50
Rental Yield15%
96

Where is Vernon, TX metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Vernon, TX metro area is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Vernon, TX metro area housing market data

MetricValueYoY
Median Sale Price$85K-59.2%
Median Days on Market129 days▲ +158%
Months of Supply1.6-81.2%
Homes for Sale8-52.9%
Homes Sold5▲ +150%
Median Price / Sq Ft$68-33.4%
Sale-to-List Ratio86.4%

How has Vernon, TX metro area’s Alpha Score moved?

Now: 73
4-period trend
Median sale price · 12 mo

Markets like Vernon, TX metro area

Frequently asked questions

Is Vernon, TX metro area a buyer's or seller's market?

As of May 2026, Vernon, TX metro area is classified as a Seller's Market, based on its Alpha Score of 73 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Vernon, TX metro area?

The median sale price in Vernon, TX metro area is $85K, having fallen 59.2% over the past year.

How affordable is Vernon, TX metro area?

Vernon, TX metro area scores 98 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Vernon, TX metro area's Alpha Score?

Vernon, TX metro area's strongest dimension is Inventory Health (99/100) and its weakest is Price Momentum (21/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Vernon, TX metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.