61Alpha

North Vernon, IN metro area Housing Market Brief

metro · as of May 2026

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 Momentum20%
-3.735
Inventory Health25%
+12.166
Affordability20%
96
Economic Strength20%
No data
50
Rental Yield15%
58

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

EmergingGrowingMaturePeakingDecliningRecovering

North Vernon, IN metro area is classified as Growingstrengthening, 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$188K-12.8%
Median Days on Market66 days▲ +725%
Months of Supply3.3▲ +22.2%
Homes for Sale46-11.5%
Homes Sold14-26.3%
Median Price / Sq Ft$121-10.3%
Sale-to-List Ratio97.5%-0.7%

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

Now: 61
3-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 May 2026, North Vernon, IN metro area is classified as a Seller's Market, based on its Alpha Score of 61 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in North Vernon, IN metro area is $188K, having fallen 12.8% over the past year.

How affordable is North Vernon, IN metro area?

North Vernon, IN metro area scores 96 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 Affordability (96/100) and its weakest is Price Momentum (35/100). The Alpha Score is a weighted blend of all five dimensions.

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.