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Vernon

Vernon Real Estate

Refine your Vernon real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Vernon.

873 homes for sale in Vernon, BC.

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  2. British Columbia
  3. Vernon Real Estate

Home Prices in Vernon

The asking price of homes for sale in Vernon has decreased 5.16% since June last year, while the number of homes for sale has decreased 8.58%. See more Vernon Home Prices & Values.

House
Median Asking Price
$889K
357 Houses
Townhouse
Median Asking Price
$629K
152 Townhouses
Condo
Median Asking Price
$350K
88 Condos

Find Real Estate & MLS® Listings in Vernon

Zolo has the most thorough, up-to-date set of Vernon real estate listings. Currently, Vernon has 863 homes for sale, including 367 houses, 92 condos, and 158 townhouses listed for sale.

With Zolo you'll be able to find the hottest Vernon neighbourhoods, the highest-rated schools in the city, and evaluate nearby amenities. Check out the upcoming open houses in Vernon to tour homes in person. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

MLS® Listing data for Vernon is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Vernon real estate agents to get started on landing your dream home today.

Vernon City Guide

38K
Population
6%
Population Growth
9%
Unemployment

Located in British Columbia, the city of Vernon has a population of 38,150. The 6% population growth for this city is average when compared to other Canadian cities.

There are 11.06% of immigrants in in Vernon, 1.26% of which are recent immigrants to Canada. Other than English, the most common language spoken is Panjabi (Punjabi), with 1% of residents reporting it as their mother tongue. The largest cultural community within Vernon is English at 34%, followed by Canadian at 24% and Scottish at 23%.

Vernon offers good employment opportunities with an unemployment rate that sits near 9%, which is average when compared to other cities. Approximately 50% of residents hold a university degree. Residents can expect good quality of life in Vernon based upon an average median family income of $50,644.

According to Statistics Canada 88% of Vernon residents drive. About 16% of residents that are already established within the city will move within a year, while 46% will move within five years.

Vernon's population is lower than average when it comes to homeownership, with 71% owning a home and 29% renting. The median monthly mortgage cost is estimated to be about $831, which is average when compared to renters in other Canadian cities.

In the Canadian real estate context, Vernon is a good place to to buy a home.

Nearby Cities

A large number of to-be homeowners pick properties for sale in areas that are further from Vernon's downtown core. Suburban neighbourhoods usually offer larger homes on larger lots. For even more options, consider commuting into Vernon's core from a nearby city, such as Enderby, , and . Even neighbouring cities that require a bit of a longer commute, such as , , and , are good options as they give solid housing options, often at more budget-friendly prices.

City
(Top 5)
 Active listings
1Vernon 863
2Coldstream 108

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Vernon’s demographics, including median age, schools and income, using census information from Statistics Canada.

29%
Rent
71%
Own
$828
Monthly Rent (Median)
$831
Monthly Mortgage (Median)
10,270
Total Families
$50,644
Family Income (Median)
47
Age (Median)
50%
College Educated

Schools

For those interested in buying Canadian real estate in order to raise a family, take heart: Vernon is home to top-rated elementary and secondary schools. To help you narrow down your Vernon housing market search, here’s the top five schools in each category. (Learn more in our school guide.)

Elementary Schools

7.2 Beairsto
6.4 B X
5.5 Okanagan Landing
5.4 Harwood
5.1 Hillview

Secondary Schools

7.5 Kalamalka
5.7 Vernon
5.3 W L Seaton
n/a Vernon Christian

Commuters

According to Statistics Canada, residents in Vernon use a variety of ways to get around.

88%
Drive
2%
Transit
2%
Bike
8%
Walk

FAQs About Vernon Real Estate

According to current Vernon MLS© statistics, the average home listing price in Vernon, BC is $949,000.

Based on current Vernon MLS© data, the average detached house in Vernon, BC has a listing price of $1,214,000. In Vernon, detached houses are on the market for 0 days on average.

According to current Vernon MLS© data, the average condo in Vernon, BC has a listing price of $382,000. In Vernon, the average price for a 2-bedroom condo is $398,000 and the average price for a 1-bedroom condo is $381,000.

The average townhouse in Vernon has an average listing price of $739,000, which represents a -27.7% change in price from last year. There are currently 157 townhouses for sale in Vernon, BC.

According to Statistics Canada Census data, the median total household income in Vernon is $50,644 per year, which is below the national median income of $67,000 per year.

In Vernon, BC, fewer people rent their homes than own at 28.8% rent versus 71.2% own. The median monthly rent price is $500 per month versus the median monthly mortgage of $3,500 per month.

vernon
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association nor Zolo. The information provided on this page, including the Affordability, Afford Score™, and Affordability Coach, are provided for informational purposes only and should not be used or construed as financial or investment advice by any individual. No representations or warranties, express or implied, are made by Zolo or its affiliates as to the accuracy or completeness of the information on this page.