Mount Vernon, IA Housing Market & Real Estate

Seller's market-37.5% YoY

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?

Seller's market2.3 months of supply42 avg. days on 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

Current housing market statistics for Mount Vernon, IA
MetricValue
Median sale price$300,000
Median list price$310,000
Year-over-year price change-37.5%
Average days on market42 days
Active inventory14 listings
Months of supply2.3 months
Sale-to-list price ratio97.2%
Market conditionSeller'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

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

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

Public

Mount Vernon High School

Grades 9-12 · 478 students

Public

Mount Vernon Middle School

Grades 5-8 · 403 students

Public

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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