Vernon Hills Market Report

90-day market data from Chicago MLS — updated February 2, 2026

Seller's Market
$1.5M Median Sale Price
1 Days to Contract
118.1% Sale-to-List Ratio
1 Homes Sold (90 days)

Source: MRED MLS, 90-day sold data. Updated February 2, 2026.

Example 2.5% commission on the Vernon Hills median of $1.5M = $37,894. Net Gain's flat fee = $1,995.

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Price Band Breakdown

Where buyers are actually competing in Vernon Hills

Price Range Sold Avg Days Sale-to-List Active
$1.50M-$1.55M Strongest Demand 1 1d 118% 0

The $1.50M-$1.55M range shows the strongest buyer demand with 1 sales averaging 1 days to contract at 118% of asking. No active competition in this band.

Market Velocity

How fast the Vernon Hills market is moving

0%
Price Reduction Rate
Avg 60 days before cut
1d
Median Days to Contract
Fastest 25%: 1 days
3
Months of Supply
1 active listings

No active listings have required price cuts—a strong signal that current sellers have priced appropriately from day one.

Correctly priced homes are going under contract in 1 days (median), with the fastest quartile selling in just 1 days.

3 months of supply indicates a balanced market where pricing strategy matters more than ever.

What This Means for Your Listing

Commission savings at the Vernon Hills median

Example 2.5% Commission
$37,894
Based on $1.5M median
vs
Up to $36K difference
Net Gain Flat Fee
$1,995
Same MLS exposure. Same professional service.
Commission rates are not set by law, vary by brokerage, and are fully negotiable. Buyer's agent compensation is separate and determined by the seller. Net Gain Realty charges a flat fee of $1,995 for listing services.

In a market where correctly priced homes sell in 1 days, the listing agent's job is clear: accurate pricing, professional marketing, and responsive transaction management. These are execution tasks—and you should decide what they're worth.

At $1.5M, that's $35,899 you keep by choosing flat fee over traditional commission. Same MLS listing. Same buyer exposure. Same professional service.

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Or send your address to matthew@netgain.realty for a property-specific analysis

Data sourced from Midwest Real Estate Data (MRED) MLS. Information deemed reliable but not guaranteed. Data represents recent MLS activity and is provided for informational purposes only. Not a guarantee of future results or property value.

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