What to know before you move: cost, market timing, who it fits.
If you're considering a move to Vernon, TX, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Vernon is a city in Wilbarger County, Texas, with an estimated population of 9,728. The population has contracted 0.9% per year on average since 2020. The median home value in Vernon is $103,426 as of 2026-04, down 0.7% over the last 12 months. Over the last five years, home values have averaged -1.9% annual growth, and the market currently sits about 19% below its 5-year peak. The composite momentum score is 33 of 100 (Cooling). Buyers may find more room to negotiate; sellers should price realistically.
Prices have come off recent highs (-19.4% from peak). Buyers may have more room to negotiate; sellers should price realistically.
Reasons people move here
- Cheap entry point: $103,426 median home is well below the US median of $355k — room to grow without overpaying.
- The data is the data: Vernon has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.
Things to know first
- 19% off recent peak — buyers are getting through-the-cycle pricing, not the peak.
- Flat or shrinking population: -0.9% per year. Housing demand has to come from somewhere — verify the source.
- Stagnant long-run trend: +1.8% 10-year CAGR plus flat population — appreciation case is weak.
- Thin housing market: small population means fewer transactions and slower resale. Liquidity risk on exit.
More about Vernon
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.