$2,552 Closing Credit*
$214,900
3 Beds
•2 Full Baths
Rick Mileham, Listing Office: ERA FIRST ADVANTAGE REALTY, INC
Is Mount Vernon, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Mount Vernon has remained a Seller's Market.
Key Takeaway
Mount Vernon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Vernon, IN
How much do homes in Mount Vernon, IN cost?
Median Sold Price
$149,000
$140/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$9,000(-5.7%)
Key Takeaway
Homes in Mount Vernon have sold for 5.7% less than they did a month ago.
Summary: The median home sold price in Mount Vernon was $149,000 in October 2024, down 5.7% from last month, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $80.5K | N/A |
| 2 Bedrooms | - | $136.9K | N/A |
| 3 Bedrooms | $144K | $165K | +14.6% |
| 4 Bedrooms | - | $190K | N/A |
| 5+ Bedrooms | $625K | - | N/A |
Summary: Mount Vernon housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mount Vernon | $158K | $149K | -5.7% |
| Black Township | $158K | $146K | -7.6% |
Housing Supply in Mount Vernon, IN
How many homes are available in Mount Vernon, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Summary: The Mount Vernon real estate market had 31 homes for sale in October 2024, a 14.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Mount Vernon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 12 | +140.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Vernon, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Mount Vernon in October 2024, up by 140.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.
Days on Market for Mount Vernon, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.