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Featured local agent — Mount Vernon, IL
Sarah Mitchell
Compass Real Estate · Mount Vernon, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mount Vernon, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$162,250median sale price
How is the Mount Vernon, IL housing market right now?
The median home sale price in Mount Vernon, IL is $162,250, up 16.3% year-over-year. Homes sell in an average of 58 days with 51 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Mount Vernon a buyer's or seller's market?
Mount Vernon, IL is currently a leaning buyer's, based on 3.6 months of supply and homes selling in about 58 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
58
Average pace
Active listings
51
3.6 months supply
Sale-to-list
94.0%
Below asking
What does the Mount Vernon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $162,250 |
| Median list price | $149,950 |
| Year-over-year price change | +16.3% |
| Average days on market | 58 days |
| Active inventory | 51 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 94.0% |
| Median price per sq ft | $108/sq ft |
| Homes sold (latest month) | 14 |
| New listings (latest month) | 19 |
| Listings with a price cut | 27.5% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Mount Vernon by property type?
How the Mount Vernon, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $162,250 | $107/sq ft | 12 | 62 days |
| Condo / Co-op | $155,000 | $170/sq ft | 2 | 2 days |
| Townhouse | $133,000 | $61/sq ft | 2 | 115 days |
Source: Redfin · Updated monthly
The Mount Vernon housing market is currently classified as a leaning buyer's with a median sale price of $162,250. Prices have risen 16.3% compared to last year, with homes spending an average of 58 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Mount Vernon
There are currently 51 homes listed for sale in Mount Vernon, Illinois. The median listing price is $150K.
Active listings
51
Homes on market
Median list price
$150K
Avg. days on market
58
Days until sale
New this week
19
Newly listed
Who lives in Mount Vernon?
Population
14,492
Median income
$52,751/yr
Median age
39 years
Owner-occupied
53.4%
College grads
19.0%
Avg commute
13.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Mount Vernon?
Zillow home value
$134,245
Price-to-income
2.5x
Source: Zillow Research
What is it like to live in Mount Vernon?
Mount Vernon is a community of approximately 14K residents with a median age of 39 years.The median household income is $52,751, which represents a working-class community with solid middle-income opportunities. 19.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 53.4%, showing a blend of owner and renter-occupied properties. The average commute time is 13.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mount Vernon offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Mount Vernon?
15 schools tracked · 3,316 students
The largest public schools serving Mount Vernon, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Mount Vernon High School
Grades 9-12 · 1,240 students
Dr Nick Osborne Primary Center
Grades K-3 · 567 students
Zadok Casey Middle School
Grades 6-8 · 392 students
J L Buford Intermediate Ed Ctr
Grades 4-5 · 280 students
Summersville Grade School
Grades PK-8 · 264 students
Dr Andy Hall Early Educ Ctr
Grades PK · 252 students
Bethel Grade School
Grades PK-8 · 145 students
Spring Garden Elementary School
Grades K-4 · 131 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Mount Vernon, IL?
Want a head-to-head view? Compare Mount Vernon side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Mount Vernon?
The median home sale price in Mount Vernon is $162,250, up 16.3% from last year.
How long do homes stay on market in Mount Vernon?
Homes typically spend 58 days on market before going under contract.
What is the median income in Mount Vernon?
The median household income is $52,751 per year.
Is Mount Vernon a buyer's or seller's market?
With 3.6 months of supply, Mount Vernon is currently a leaning buyer's.
What is the Zillow home value estimate for Mount Vernon?
The Zillow Home Value Index (ZHVI) for Mount Vernon is $134,245, representing the typical home value in the area.
What is the median condo price in Mount Vernon?
The median condo/co-op sale price in Mount Vernon, IL is $155,000, compared to $162,250 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Mount Vernon?
The median single-family home price in Mount Vernon, IL is $162,250 (about $107 per square foot).
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