The typical home value in
Vernon Hills
is projected to be
$255,000
for the month of
October.
September’s
finalized data reported the typical value of a home in the
city
to be
$320,000—down
24.13%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$385,000
in
Lake County
for the most recent reporting period.
That number is expected to float around
$372,000
in
October.
Vernon Hills
had
41
new listings and
38
listings that went under contract in
September,
increasing
the area’s total available inventory to
71—up
29.09%
from the previous month. Inventory is projected to have further
increased
in
October.
Of those
71
active listings,
15.49%
reduced their price in the month of
September.
The median listing price for homes in
Vernon Hills
fell
9.88%
from
August
to
September,
bringing the current median listing price to
$365,000.
Based on projected data for
October,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
September 2025,
the median time for a listed property to go pending was
53
days, compared to
62
days in
September 2024.
In recent months the median number of days from listed to pending appears to be steady.
That trend is predicted to have carried through to this
October.
