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Vernon Hills, IL Real Estate & Property Data

Vernon Hills Real Estate Market Trends

Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Vernon Hills, IL. ATTOM’s Vernon Hills real estate data is updated daily, and current market trends show that in Vernon Hills, IL a total of 430 residential properties have sold over the past year. With a median home price of $435,000 in Vernon Hills and a total of 2 foreclosures. Get detailed property data for Vernon Hills, IL instantly. ATTOM is your one-stop-shop for the Vernon Hills property reports and real estate data you need in Vernon Hills, IL.

Vernon Hills Real Estate Market Trends

Get property data for any address in Vernon Hills, IL or the country:

Total Residential Properties 9,113

Total Commercial Properties 612

Avg. Home Age (Single Family Home) 35 Years

Avg. Square Feet (Single Family Home) 2,347

Total 2024 Residential Sales (year-to-date) 64

% of Homes Seriously Underwater (Q2 2024) 0.52%

Total 2023 Residential Sales 387

% of Equity Rich Homes (Q2 2024) 44.47%

Effective 2023 Property Tax 2.19%

Total Foreclosure Filings (year-to-date) 3

Vernon Hills, IL Real Estate Overview

There were 430 residential properties sold in the past year in Vernon Hills, IL. The median home value in Vernon Hills, IL is $410,604. There are a total of 9,113 residential properties in the Vernon Hills.

Median Sales Price i

$435,000

(Feb 2024)

+2.4%

year-over-year

y-o-y

February '24 Feb '24 $435,000
January '24 Jan '24 $482,500
December '23 Dec '23 $495,000
November '23 Nov '23 $526,500
October '23 Oct '23 $417,500
September '23 Sep '23 $430,000
August '23 Aug '23 $492,500
July '23 Jul '23 $488,750
June '23 Jun '23 $549,000
May '23 May '23 $445,000
April '23 Apr '23 $700,000
March '23 Mar '23 $460,000

Median Down Payment i

$73,500

(Feb 2024)

+33.6%

year-over-year

y-o-y

February '24 Feb '24 $73,500
January '24 Jan '24 $95,500
December '23 Dec '23 $137,500
November '23 Nov '23 $95,300
October '23 Oct '23 $43,600
September '23 Sep '23 $79,400
August '23 Aug '23 $106,500
July '23 Jul '23 $83,125
June '23 Jun '23 $132,500
May '23 May '23 $65,800
April '23 Apr '23 $78,000
March '23 Mar '23 $47,375

Number of Homes Sold i

28

(Feb 2024)

+64.7%

year-over-year

y-o-y

February '24 Feb '24 28
January '24 Jan '24 36
December '23 Dec '23 36
November '23 Nov '23 32
October '23 Oct '23 41
September '23 Sep '23 56
August '23 Aug '23 28
July '23 Jul '23 28
June '23 Jun '23 49
May '23 May '23 33
April '23 Apr '23 24
March '23 Mar '23 22

Number of Purchase Loans i

21

(Feb 2024)

+61.5%

year-over-year

y-o-y

February '24 Feb '24 21
January '24 Jan '24 26
December '23 Dec '23 22
November '23 Nov '23 19
October '23 Oct '23 26
September '23 Sep '23 34
August '23 Aug '23 22
July '23 Jul '23 15
June '23 Jun '23 39
May '23 May '23 31
April '23 Apr '23 25
March '23 Mar '23 20

Number of REFI Loans i

6

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 3
December '23 Dec '23 6
November '23 Nov '23 3
October '23 Oct '23 4
September '23 Sep '23 2
August '23 Aug '23 10
July '23 Jul '23 5
June '23 Jun '23 9
May '23 May '23 4
April '23 Apr '23 3
March '23 Mar '23 4

Number of HELOC Loans i

5

(Feb 2024)

-28.6%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 8
December '23 Dec '23 5
November '23 Nov '23 5
October '23 Oct '23 8
September '23 Sep '23 7
August '23 Aug '23 6
July '23 Jul '23 7
June '23 Jun '23 11
May '23 May '23 6
April '23 Apr '23 3
March '23 Mar '23 5

Vernon Hills, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

60061
$410,604 $174.97/sqft

Vernon Hills, IL Foreclosure Activity

There were a total of 2 Vernon Hills, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

2

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 3
August '23 Aug '23 N/A
July '23 Jul '23 5
June '23 Jun '23 3
May '23 May '23 4
April '23 Apr '23 3
March '23 Mar '23 2

Foreclosure Starts i

2

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 5
June '23 Jun '23 2
May '23 May '23 3
April '23 Apr '23 3
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 1

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