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VERNON, FL 32462

Real Estate Market Report  ·  Washington County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The VERNON, FL real estate market (32462) currently shows 8 active listings, with 3 pending sales. Homes are averaging 288 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 288 days on market compared to 107 days last year.

The median listing price has risen 37.9% year-over-year, from $339,000 to $467,500.

Whether you are buying or selling in VERNON, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,417  ·  Density: 8.6/mi²  ·  Median household income: $36,827

Typical home value: $150,792  ·  Homeownership: 79.8%

Market Overview

Active Listings
8
vs 8 last year
Pending
3
38% pending ratio
Median Price
$467,500
⇧ 37.9% vs $339,000 last year
Average Price
$546,290
⇧ 34.8% vs $405,389 last year
Days on Market
288
⇧ 169.2% vs 107 days last year

Price Per Square Foot

Median $/sqft
$183
⇩ 17.2% vs $221/sqft last year
Median Home Size
3,088 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 288 now vs 107 last year

Median & Average Pricing

Year over Year
  • Median: $467,500 (+37.9% YoY)
  • Average: $546,290 (+34.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 32.2 miles — 2,212 listings ($2,374,457,221 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32462Vernon, FL 324620.0 mi8$4,288,664$479,250$536,083
32427Caryville, FL 3242711.2 mi3$1,158,900$379,900$386,300
32409Panama City, FL 3240917.2 mi87$50,028,741$458,750$575,043
32435Defuniak Springs, FL 3243518.1 mi57$22,121,529$287,820$388,097
32461Inlet Beach, FL 3246121.0 mi488$1,482,014,520$1,877,500$3,036,915
32444Lynn Haven, FL 3244424.5 mi115$59,751,125$397,475$519,575
32407Panama City Beach, FL 3240724.6 mi453$242,923,968$412,875$536,256
32438Fountain, FL 3243824.9 mi7$2,432,500$350,000$347,500
32405Panama City, FL 3240526.6 mi200$89,602,200$341,250$448,011
32408Panama City, FL 3240827.9 mi756$409,590,216$399,925$541,786
32431Cottondale, FL 3243129.6 mi10$3,092,370$282,000$309,237
32440Graceville, FL 3244031.0 mi26$6,932,588$219,450$266,638
36314Black, AL 3631432.2 mi2$519,900$259,950$259,950

Frequently Asked Questions

How many homes are for sale in VERNON, FL 32462?

As of March 2026, there are 8 active listings in VERNON, FL (zip code 32462), compared to 8 the prior year.

What is the median home price in VERNON, FL 32462?

The median listing price in VERNON, FL 32462 is $467,500 as of March 2026, a 37.9% increase from $339,000 the prior year.

How long do homes stay on the market in VERNON, FL?

Homes in VERNON, FL 32462 spend an average of 288 days on the market before going under contract, compared to 107 days the prior year.

Is it a seller's or buyer's market in VERNON, FL 32462?

Based on current inventory and days-on-market data as of March 2026, VERNON, FL 32462 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 288 days on market compared to 107 days last year.

How much can I save on real estate commission in VERNON, FL?

With SELL123.com's maximum 3% commission, sellers in VERNON, FL 32462 save an estimated $9,350 compared to a typical 5% commission on the median listing price of $467,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.