Vernon, Wisconsin housing market

Village in Waukesha County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.

Vernon housing market at a glance (as of 2026-07-03)

Typical home value$546,880
1-year change+7.1%
5-year change+31.8%
Typical rentnot published

The typical home in Vernon, Wisconsin is worth about $546,880 as of 2026-07-03, up 7.1% over the past year and up 31.8% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.

A 7.1% one-year gain is the number to know in Vernon. That pushed the typical home value to $546,880 as of April 30, 2026 — and it outran the village's own five-year average pace, since total growth over five years is 31.8%, or roughly 6.4 points per year on a simple basis. Vernon's recent year was faster than its recent history.

The village ranks 13 of 27 Waukesha County municipalities by typical value, sitting $12,778 above the county median of $534,102 and about 20% above the seven-county regional median of $455,834.

Vernon also operates in one of the most tightly priced neighborhoods of the county's value table. Its listed peers — Oconomowoc ($549,786), Eagle ($534,102), Brookfield ($533,345), and Muskego ($531,625) — all fall within roughly $18,000 of one another.

The Vernon market in detail

Position first: 13th of 27 puts Vernon one rung above the county's midpoint, and the $12,778 gap to the county median is small in percentage terms — about 2.4%. This is a market priced with the middle of Waukesha County, not above it in any dramatic way. The premium shows up against the broader region instead, where Vernon runs about $91,000 over the $455,834 seven-county median.

The trajectory is what stands out. Five-year growth of 31.8% is solid; the 7.1% posted in the last twelve months is faster than that run-rate. Whether the acceleration holds is unknowable from a snapshot — no figure here predicts the next twelve months.

One caution on granularity: ZIP 53103 shows a typical value of $497,868, about $49,000 below the village-wide number. ZIP boundaries do not match municipal boundaries, so the two figures describe overlapping but different pools of homes. Buyers and sellers should anchor on comparable sales, not on either aggregate alone.

Vernon home values by ZIP code

ZIP codeTypical home value1-year changeTypical rent
53103$497,868+7.2%

What actually sold in Vernon (12 months ending June 2026)

Homes sold (arms-length, single-family)89
Median sale price$507,000
Middle 50% of sales$402,000 to $642,000
Government-backed financing (FHA/VA/USDA)0%
Seller-financed0%

Over the 12 months ending June 2026, 89 single-family homes sold in Vernon, Wisconsin in arms-length transactions, at a median price of $507,000. Half of those sales fell between $402,000 and $642,000. Source: Wisconsin Department of Revenue real estate transfer returns, compiled by Sawar Homes — every recorded sale, including for-sale-by-owner and builder-direct transactions that never appear in the MLS.

Zillow’s typical-home-value estimate for Vernon is $546,880, while homes that actually changed hands had a median price of $507,000 — a difference of -7.3%. These measure different things, and neither is wrong: the index estimates the value of every home whether or not it sold, while the sale figure reflects only the homes that changed hands, which usually skew toward the more affordable end of the market.

Buying and selling in Vernon

For buyers, the working range depends on which geography you trust for your target property: the village-wide figure says mid-$540,000s, while ZIP 53103 data reads just under $500,000. The honest answer is that both are real and describe different slices of the area. What is unambiguous is direction — a 7.1% annual gain means comparable homes cost meaningfully more than they did a year ago, and budgeting off stale numbers understates the market.

Sellers in Vernon currently hold the strongest short-term growth figure in this guide's dataset for the village: 7.1% in a year. That supports confident pricing, but the peer cluster is unforgiving — Oconomowoc, Eagle, Brookfield, and Muskego give buyers four alternatives within about $18,000 of Vernon's typical value. Pricing above the cluster requires the property to justify it. Recent appreciation is a tailwind, not a guarantee.

Life in Vernon

Vernon is a rural village in southern Waukesha County where the Fox River winds through the roughly 4,300-acre Vernon Wildlife Area, a marsh and upland preserve used for paddling, birding, fishing, and hunting, and part of the Fabulous Fox! National Water Trail. Homes sit on acreage along county roads between Big Bend and Mukwonago, with Highway ES and nearby I-43 interchanges carrying commuters toward Waukesha and Milwaukee.

Vernon housing market: common questions

How much do homes cost in Vernon WI?

The typical home value in the village of Vernon is $546,880 as of April 30, 2026. ZIP 53103, which overlaps the area, shows a lower typical value of $497,868 — the ZIP and village boundaries cover different sets of homes.

Are home prices going up in Vernon Wisconsin?

Yes, per data through April 30, 2026: up 7.1% over the past year and 31.8% over five years. The past year ran faster than the five-year average pace. Past growth does not guarantee future results.

Is Vernon above the Waukesha County median home price?

Yes, by $12,778. Vernon's typical value of $546,880 compares to a county median of $534,102, ranking 13 of 27 municipalities.

Why is ZIP 53103 cheaper than Vernon's village-wide value?

The ZIP's typical value is $497,868 versus $546,880 village-wide — a gap of about $49,000. ZIP code boundaries don't line up with village limits, so each figure samples a different mix of homes. Neither is wrong; they measure different areas.

More Waukesha County area guides

All Southeast Wisconsin area guides

Vernon real estate agent: talk to Kinan Sawar, MD

Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®, serving Milwaukee and Southeast Wisconsin (Milwaukee, Waukesha, Ozaukee, Washington, Racine, Kenosha, and Walworth counties). Email: [email protected] · Phone: (618) 713-2964.

How to choose a real estate agent in Vernon and Milwaukee — a five-question checklist

Get a free Vernon home valuation · Contact Kinan Sawar

Home values and rents are Zillow ZHVI/ZORI estimates for the named area, as of 2026-07-03; incomes and population are U.S. Census (SAIPE, Population Estimates); migration is IRS Statistics of Income. Area-level statistical estimates for information only — not an appraisal, and not financial, legal, or tax advice.