Mount Vernon, IA

Seller's market-37.5% YoY

Housing market overview · Updated weekly

$300,000median sale price

Homes sold

6

Last 12 weeks

Days on market

42

Average pace

Active listings

14

2.3 months supply

Sale-to-list

97.2%

Below asking

The Mount Vernon housing market is currently classified as a seller's market with a median sale price of $300,000. Prices have fallen 37.5% compared to last year, with homes spending an average of 42 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Mount Vernon

There are currently 14 homes listed for sale in Mount Vernon, Iowa. The median listing price is $310K.

Active listings

14

Homes on market

Median list price

$310K

Avg. days on market

42

Days until sale

New this week

5

Newly listed

Price drops:21.4%of listings
Sale-to-list:97.2%

Explore nearby cities in IA

Frequently asked questions

What is the average home price in Mount Vernon?

The median home sale price in Mount Vernon is $300,000, down 37.5% from last year.

How long do homes stay on market in Mount Vernon?

Homes typically spend 42 days on market before going under contract.

Is Mount Vernon a buyer's or seller's market?

With 2.3 months of supply, Mount Vernon is currently a seller's market.

Get Mount Vernon market alerts

Weekly updates on prices, inventory, and trends. Free forever.