Housing in Vernon Hills, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$520,000
Median List Price
$379,500
Price Per Sq Ft
$238
Days on Market
72
Active Inventory
49
Months of Supply
3.1
Seller's market
Zillow Home Value
$433,409
ZHVI — January 2026
Zillow Rent Index
$2,289
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
37.5%
Off Market in 2 Weeks
34.6%
Sale-to-List Ratio
102.3%
Seller's market
Market Activity
Source: RedfinHomes Sold
16
New Listings
20
Pending Sales
26
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$238
Median List $/SF
$244
Vernon Hills vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Vernon Hills is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$384,800
Median Rent
$1,855
Total Housing Units
11,325
Vacancy Rate
4.8%
Owner Occupied
66.3%
Renter Occupied
33.7%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,019
Housing Types
The current median sale price in Vernon Hills, IL is $520,000 according to Redfin data. Homes spend a median of 72 days on the market. 37.5% of homes sold above asking price. The market has 3.1 months of supply. The median price per square foot is $238. Zillow's observed rent index is $2,289/month. About 66.3% of housing units are owner-occupied. The median year homes were built is 1990. There are 11,325 total housing units.