Mount Vernon, IA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Mount Vernon, IA is $300,000, down 37.5% year-over-year. Homes sell in an average of 42 days with 14 active listings. The market is currently a seller's market.
$300,000median sale price
Is Mount Vernon a buyer's or seller's market?
Mount Vernon, IA is currently a seller's market, based on 2.3 months of supply and homes selling in about 42 days. How we determine this →
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
Mount Vernon, IA market data
| Metric | Value |
|---|---|
| Median sale price | $300,000 |
| Median list price | $310,000 |
| Year-over-year price change | -37.5% |
| Average days on market | 42 days |
| Active inventory | 14 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 97.2% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
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
Top public schools in Mount Vernon
3 schools tracked · 1,427 students
The largest public schools serving Mount Vernon, IA 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.
Washington Elementary School
Grades PK-4 · 546 students
Mount Vernon High School
Grades 9-12 · 478 students
Mount Vernon Middle School
Grades 5-8 · 403 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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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.
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