What are current home values in Vernon Hills, IL?

The median home value in Vernon Hills, IL is $459,113 as of August 2026. This represents a 0.5% increase compared to last month and a 5.8% increase year-over-year.

How have home values changed in Vernon Hills, IL?

Home values in Vernon Hills, IL have increased by 0.5% month-over-month and 5.8% year-over-year.

How do home values in Vernon Hills, IL compare to Lake County, Illinois, and the national average?

The median home value in Vernon Hills, IL ($459,113) compares to: Lake County ($399,526), Illinois ($297,573), and the U.S. national median ($368,697).

Vernon Hills, IL Housing Market

$459,113

5.8% 1-yr

The average Vernon Hills, IL home value is $459,113, up 5.8% over the past year, and homes go to pending in around 15 days. (Updated on 8/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Vernon Hills Key Takeaways

Typical Home Values: $459,113

1-Year Value Change: +5.8%

(Data through August 31, 2026)

Vernon Hills Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 70 (August 31, 2026)

New Listings: 30 (August 31, 2026)

Median Sale to List Ratio: 1.000 (July 31, 2026)

Median Sale Price: $465,667 (July 31, 2026)

Median List Price: $478,650 (August 31, 2026)

Percent of Sales Over List Price: 51.9% (July 31, 2026)

Percent of Sales Under List Price: 36.9% (July 31, 2026)

Median Days to Pending: 15 (August 31, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Vernon Hills

NameMedian ZHVI
Green Oaks$799,875
Knollwood$472,961
Westown$145,923
University Village--
Trail Meadows$283,487
Argonne Heights$236,446
Argonne Park$229,232
Sheridan Crossing--
Dugdale Park$247,466

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Vernon Hills Homes for Sale

$250,000

2 bd1 ba1,050 sqft

366 Washington Ct #366

$820,000

4 bd3 ba3,351 sqft

330 Sutcliffe Cir

View Vernon Hills listings

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Vernon Hills Rental Market Trends

Average Rent: $2,619 (August 31, 2026)

National Average Rent: $1,948 (August 31, 2026)

Month-Over-Month Change: 0.7% (August 31, 2026)

Year-Over-Year Change: 4.1% (August 31, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.