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Okanagan & Thompson · scored nightly

Deals worth a look in Vernon

137 Vernon listings score 55 or higher against similar listings. 22 of them score 75 or higher (about 16%).

Scored listings
137
Strong value
22
Median asking
$596K
Average score
65.8

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Scored listings
137
Strong value
22
Median asking
$596K
Average score
65.8

Top of the board in Vernon

  • Strong value
  • Good value
  • In line
Scored against comparable listings, not a valuation.How the score works
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What paying for a home in Vernon looks like

Vernon households earn a median of $73,500 a year, and owners here carry a median shelter cost of $1,060 a month, about 17% of that income before tax.

24% of Vernon households already spend more than 30% of their income on shelter, which is the line Statistics Canada uses to call housing unaffordable.

Owners hold 66% of Vernon homes and renters the other 34%.

The census valued the average Vernon dwelling at $592,000 in 2021. The median asking price among the listings scored here is $596,000, in line with that figure. Census values are self-reported and four years old, so read the gap as context rather than a measure of the market today.

Source: Statistics Canada, 2021 Census of Population, census subdivision level.

How the score works

Each listing is scored out of 100 against similar listings in its own city. No listing can pay to appear.

A score compares an asking price with comparable listings. It does not look inside the home, it is not an appraisal, and it is not financial advice.

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Prepared by

Written and maintained by Ray Rasouli, REALTOR®, licensed in British Columbia and founder of Relta Real Estate.

Data

Source: MLS® listing data from BC real estate boards (MLS® Reciprocity) and CREA's DDF®.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).

MethodHow the score worksReport a correction

Source: BCRES MLS® via Bridge Interactive. Scores update nightly.