Mount Vernon, IA
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
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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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