Is now a good time to buy land in Vernon, Texas?
Vernon, Texas is currently a balanced market with 7.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Comprehensive market data and analysis• Updated Dec 2025
7.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 2 | 3 | 3 |
| 50-100 acres | - | - | - | - |
| 100+ acres | 1 | 1 | 1 | 4 |
| TOTAL | 1 | 3 | 4 | 7 |
Vernon, Texas is currently a balanced market with 7.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Vernon, Texas currently has 7.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The 3-month absorption rate in Vernon, Texas is 14.3%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Vernon, Texas is 14.3% (3-month basis), indicating moderate demand.
Land in Vernon, Texas typically sells within 178 days of listing. The median time on market is 179 days. Properties are moving slowly in the current balanced market.
Over the past 12 months, Vernon, Texas saw 7 properties sold. In just the last 3 months, 3 properties changed hands.
There are currently 7 active listings in Vernon, Texas. 2 new listings have hit the market in the last 90 days. The median asking price is $160K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.