78Alpha

North Vernon, IN metro area Housing Market Brief

metro · IN · as of August 2026

Hot Seller's

What is North Vernon, IN 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 Momentum25%
+4.540
Inventory Health31%
+28.194
Affordability25%
91
Economic StrengthNo data
Rental Yield19%
-3.484

Where is North Vernon, IN metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

North Vernon, IN metro area is classified as Growing strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

North Vernon, IN metro area housing market data

MetricValueYoY
Median Sale Price$199K▲ +1.2%
Median Days on Market52 days▲ +136.4%
Months of Supply1.6-30.4%
Homes for Sale51-21.5%
Homes Sold32▲ +10.3%
Median Price / Sq Ft$141▲ +0.6%

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

Now: 78
12-period trend
Median sale price · 12 mo

Markets like North Vernon, IN metro area

Frequently asked questions

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

As of August 2026, North Vernon, IN metro area is classified as a Hot Seller's Market, based on its Alpha Score of 78 out of 100. It is based on the 4 of five dimensions we can measure for this market — price, inventory, affordability, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

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

The median sale price in North Vernon, IN metro area is $199K, having risen 1.2% over the past year.

How affordable is North Vernon, IN metro area?

North Vernon, IN metro area scores 91 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving North Vernon, IN metro area's Alpha Score?

North Vernon, IN metro area's strongest dimension is Inventory Health (94/100) and its weakest is Price Momentum (40/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

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