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Featured local agent — Mount Vernon, VA
Sarah Mitchell
Compass Real Estate · Mount Vernon, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mount Vernon, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$904,000median sale price
How is the Mount Vernon, VA housing market right now?
The median home sale price in Mount Vernon, VA is $904,000, down 0.1% year-over-year. Homes sell in an average of 26 days with 38 active listings. The market is currently a strong 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, VA is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 26 days. How we determine this →
Homes sold
26
Last 12 weeks
Days on market
26
Average pace
Active listings
38
1.5 months supply
Sale-to-list
102.6%
Above asking
What does the Mount Vernon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $904,000 |
| Median list price | $899,000 |
| Year-over-year price change | -0.1% |
| Average days on market | 26 days |
| Active inventory | 38 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 102.6% |
| Median price per sq ft | $351/sq ft |
| Homes sold (latest month) | 26 |
| New listings (latest month) | 26 |
| Listings with a price cut | 10.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Mount Vernon by property type?
How the Mount Vernon, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $915,500 | $353/sq ft | 24 | 25 days |
| Condo / Co-op | $230,000 | $238/sq ft | 1 | — |
| Townhouse | $397,500 | $315/sq ft | 2 | 128 days |
Source: Redfin · Updated monthly
The Mount Vernon housing market is currently classified as a strong seller's market with a median sale price of $904,000. Prices have fallen 0.1% compared to last year, with homes spending an average of 26 days on market, indicating 1.5 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 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Mount Vernon
There are currently 38 homes listed for sale in Mount Vernon, Virginia. The median listing price is $899K.
Active listings
38
Homes on market
Median list price
$899K
Avg. days on market
26
Days until sale
New this week
26
Newly listed
Who lives in Mount Vernon?
Population
13,120
Median income
$156,875/yr
Median age
44 years
Owner-occupied
73.4%
College grads
63.8%
Avg commute
30.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Mount Vernon?
Zillow home value
$596,100
Zillow rent index
$2,775/mo
Price-to-rent ratio
17.9x
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Mount Vernon?
Mount Vernon is a community of approximately 13K residents with a median age of 44 years.The median household income is $156,875, which reflects a relatively affluent area with strong earning potential. 63.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 73.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Mount Vernon offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Mount Vernon, VA?
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 17.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.1% 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 $904,000, down 0.1% from last year.
How long do homes stay on market in Mount Vernon?
Homes typically spend 26 days on market before going under contract.
What is the median income in Mount Vernon?
The median household income is $156,875 per year.
Is Mount Vernon a buyer's or seller's market?
With 1.5 months of supply, Mount Vernon is currently a strong seller's market.
What is the Zillow home value estimate for Mount Vernon?
The Zillow Home Value Index (ZHVI) for Mount Vernon is $596,100, 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, VA is $230,000, compared to $915,500 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, VA is $915,500 (about $353 per square foot).
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