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Featured local agent — Mount Vernon, OH
Sarah Mitchell
Compass Real Estate · Mount Vernon, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mount Vernon, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$202,500median sale price
How is the Mount Vernon, OH housing market right now?
The median home sale price in Mount Vernon, OH is $202,500, down 16.0% year-over-year. Homes sell in an average of 37 days with 56 active listings. The market is currently a seller's market. (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, OH is currently a seller's market, based on 2.0 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
28
Last 12 weeks
Days on market
37
Average pace
Active listings
56
2.0 months supply
Sale-to-list
97.7%
Below asking
What does the Mount Vernon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $202,500 |
| Median list price | $234,950 |
| Year-over-year price change | -16.0% |
| Average days on market | 37 days |
| Active inventory | 56 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 97.7% |
| Median price per sq ft | $148/sq ft |
| Homes sold (latest month) | 28 |
| New listings (latest month) | 32 |
| Listings with a price cut | 16.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Mount Vernon by property type?
How the Mount Vernon, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $200,000 | $146/sq ft | 23 | 39 days |
| Condo / Co-op | $318,500 | $179/sq ft | 3 | 25 days |
Source: Redfin · Updated monthly
The Mount Vernon housing market is currently classified as a seller's market with a median sale price of $202,500. Prices have fallen 16.0% compared to last year, with homes spending an average of 37 days on market, indicating 2.0 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 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Mount Vernon
There are currently 56 homes listed for sale in Mount Vernon, Ohio. The median listing price is $235K.
Active listings
56
Homes on market
Median list price
$235K
Avg. days on market
37
Days until sale
New this week
32
Newly listed
Who lives in Mount Vernon?
Population
16,802
Median income
$54,335/yr
Median age
40.7 years
Owner-occupied
54.4%
College grads
24.7%
Avg commute
19.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Mount Vernon?
Zillow home value
$253,713
Zillow rent index
$1,342/mo
Price-to-rent ratio
15.8x
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Mount Vernon?
Mount Vernon is a community of approximately 17K residents with a median age of 40.7 years.The median household income is $54,335, which represents a working-class community with solid middle-income opportunities. 24.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 54.4%, showing a blend of owner and renter-occupied properties. The average commute time is 19.9 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?
8 schools tracked · 3,743 students
The largest public schools serving Mount Vernon, OH 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 · 990 students
Mount Vernon Middle School
Grades 6-8 · 836 students
Knox County Career Center
Grades 9-12 · 470 students
Twin Oak Elementary School
Grades PK-5 · 375 students
Pleasant Street Elementary School
Grades PK-5 · 339 students
Columbia Elementary School
Grades PK-5 · 252 students
Dan Emmett Elementary School
Grades PK-5 · 251 students
East Elementary School
Grades PK-5 · 230 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, OH?
Want a head-to-head view? Compare Mount Vernon side-by-side with any other U.S. city using our market-comparison tool.
Is Mount Vernon a good real estate investment market?
For investors evaluating Mount Vernon, the price-to-rent ratio of 15.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 16.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Mount Vernon's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Mount Vernon's median home price.
Frequently asked questions
What is the average home price in Mount Vernon?
The median home sale price in Mount Vernon is $202,500, down 16.0% from last year.
How long do homes stay on market in Mount Vernon?
Homes typically spend 37 days on market before going under contract.
What is the median income in Mount Vernon?
The median household income is $54,335 per year.
Is Mount Vernon a buyer's or seller's market?
With 2.0 months of supply, Mount Vernon is currently a seller's market.
What is the Zillow home value estimate for Mount Vernon?
The Zillow Home Value Index (ZHVI) for Mount Vernon is $253,713, 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, OH is $318,500, compared to $200,000 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, OH is $200,000 (about $146 per square foot).
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