Mount Vernon Housing Market Report March 2025•Knox County, Ohio

hero building illustration for mobile

Housing Prices in Mount Vernon, OH

How much do homes in Mount Vernon, OH cost?

Housing Market Conditions

Is Mount Vernon, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Mount Vernon is a Seller's Market

Difference Since March 2024

Since last year, Mount Vernon has remained a Seller's Market.

Insight

Mount Vernon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$240,000$152/SqFt
+$20,000
+9.1%

Based on all homes sold in the last 12 months

Insight

Homes in Mount Vernon have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Mount Vernon was $240,000 in March 2025, up 9.1% from last year, and the median price per square foot was $152.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Clinton Township
+57.1%
Monroe Township
+10.4%
Mount Vernon
+9.1%
Morris Township
+0.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1-$276.9K
N/A
2$175K$188K
+7.4%
3$215K$233.7K
+8.7%
4$308.3K$324K
+5.1%
5$410K$445K
+8.5%

Summary: Mount Vernon housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +7.4%. The home price for 3 bedroom homes increased by +8.7%. The home price for 4 bedroom homes increased by +5.1%. The home price for 5 bedroom homes increased by +8.5%.

How does Mount Vernon, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Mount Vernon, OH

Housing supply in Mount Vernon, OH

How many homes are available in Mount Vernon, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
114Last MonthMar 2025
912 months agoFeb 2025
+25.3 %
Change MoMFeb – Mar

Summary: The Mount Vernon real estate market had 114 homes for sale in Mar 2025, a 25.3 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
24Last MonthMar 2025
172 months agoFeb 2025
+41.2 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
111
0.0%
21819
+5.6%
34457
+29.5%
42229
+31.8%
568
+33.3%

Summary: Mount Vernon housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +5.6%. The inventory for 3 bedroom homes increased by +29.5%. The inventory for 4 bedroom homes increased by +31.8%. The inventory for 5 bedroom homes increased by +33.3%.

Asking Price vs. Sold Price

How much do homes in Mount Vernon, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price8 Homes

At Asking Price2 Homes

Under Asking Price14 Homes

Insight

If you're buying a home in Mount Vernon, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Mount Vernon in March 2025, up by 41.2% month-over-month. Of the 24 sold homes, 58% were sold under asking, 8% were sold at asking, and and 33% were sold over asking.

Days on Market for Mount Vernon, OH

How long does it take to sell a home in Mount Vernon, OH?

Breakdown of Home Sale Times

Under 30 Days13 Homes

30 – 90 Days5 Homes

Over 90 Days3 Homes

Insight

Many homes in Mount Vernon are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 24 homes were sold in Mount Vernon; 54% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
36 DaysThis YearMar 2025
37 Days1 year agoMar 2024
-3.2 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Mount Vernon had an average listing age of 36 days in Mar 2025, down by 3.2% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Mount Vernon, OH

What homes are available in Mount Vernon, OH?

See More Listings

Nearby markets

Nearby markets aren't available for Mount Vernon, OH

Popular Cities with Homes for Sale in Ohio

MLS Disclaimers and Copyright

Based on information from Columbus and Central Ohio Regional MLS, Northwest Ohio Real Estate Information Systems, and Mansfield Assocation of REALTORS® MLS for the period 04/01/2023 - 04/01/2025

IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright 2025 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.

Information deemed reliable but not guaranteed to be accurate. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The information being provided is 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. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither Listing Broker(s) this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright Mansfield Association of REALTORS® Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 9:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.