$7,943 Closing Credit*
$668,888
2,300 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: YourHomeSold Guaranteed Realty
Is Mount Vernon, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Mount Vernon was a Neutral Market.
Key Takeaway
Mount Vernon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mount Vernon, NY
How much do homes in Mount Vernon, NY cost?
Median Sold Price
$498,404
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,037(+0.4%)
Key Takeaway
The sold price of homes in Mount Vernon has remained the same since last year.
Summary: The median home sold price in Mount Vernon was $498,404 in October 2024, up 0.4% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132.5K | $123.2K | -7.0% |
| 2 Bedrooms | $230K | $225K | -2.2% |
| 3 Bedrooms | $545K | $550K | +0.9% |
| 4 Bedrooms | $627.5K | $744K | +18.6% |
| 5+ Bedrooms | $685K | $727K | +6.1% |
Summary: Mount Vernon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
| Pelham | $890K | $1.2M | +37.6% |
| Bronxville | $436.2K | $567.5K | +30.1% |
| Pelham Manor | $1.1M | $1.3M | +14.9% |
| Yonkers | $460.8K | $514.9K | +11.7% |
| Mount Vernon | $496.3K | $498.4K | 0.4% |
Housing Supply in Mount Vernon, NY
How many homes are available in Mount Vernon, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 224 | 235 | +4.9% |
Summary: The Mount Vernon real estate market had 235 homes for sale in October 2024, a 4.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 50 | 52 | +4.0% |
| 2 Bedrooms | 31 | 35 | +12.9% |
| 3 Bedrooms | 38 | 42 | +10.5% |
| 4 Bedrooms | 34 | 35 | +2.9% |
| 5+ Bedrooms | 71 | 71 | 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 increased by 4%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 26 | -3.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Vernon, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in Mount Vernon in October 2024, down by 3.7% month-over-month. Of the 26 sold homes, 27% were sold under asking, 23% were sold at asking, and 50% were sold over asking.
Days on Market for Mount Vernon, NY
How long does it take to sell a home in Mount Vernon, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 61 Days | +6.0% |
Summary: Homes in Mount Vernon had an average of 61 days on market in Oct 2024, up by 6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mount Vernon are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in Mount Vernon; 42% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.