Photo: Paul Sableman · CC BY 2.0133 homes sold in Mount Vernon in the last year, at a typical $139K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Mount Vernon homes are listed.
Every place Mount Vernon homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Mount Vernon.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 93% of Mount Vernon’s sales, at a typical $138K
133 homes sold in the year to May 2026.
typical sale · 124 sold in 12 months
- Per square foot
- $95IL $180
- Days to sell
- 58
- Sold over asking
- 25%
- Listings with a price cut
- 20%
Multi-family (2–4 units): 3 sold, typical $65K
Townhouses: 3 sold, typical $172K
Condos: 3 sold, typical $165K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at twice the 2016 price
133 sales in the last year, against 204 in 2016 and a low of 137 in 2025. The typical sale went from $73K in 2016 to $139K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Mount Vernon
Check a listing against what Mount Vernon homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Mount Vernon are more common than before the pandemic, but half fewer homes come up for sale
We read every month of Mount Vernon’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 133 sales.
If you’re buying in Mount Vernon
- Shop in March. It brings about 16 new listings a month, close to the busiest month, with fewer bidding wars (11% over asking).
- Offer under asking. Buyers paid 95.6% of the list price on average; 25% paid over.
- You’ll usually have time. Only 27% of homes go under contract within two weeks; the typical one takes 59 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 19 a month), but July is the most competitive: 18% of July sales close over asking. March offers nearly as much choice with fewer homes bid up (11%). January has the least competition (9%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Illinois
| Mount Vernon now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 25% | 6% | 19% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 27% | 2% | 0% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 19% | — | — | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 95.6% | 92% | 94.9% | 99.2% |
| Days to sellMedian days from listing to contract | 59 | 223 | 85 | 49 |
45 homes for sale on a typical day
That’s 1.2 times the 2023 low (37), 48% fewer than in 2017–19 and well under 2016’s 113.
1 in 5 listings has cut its price
19% in the last year, against — in 2017–19 and 19% across Illinois.
Mount Vernon ranks 288th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Mount Vernon is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Mount Vernon home costs about $989 a month
Price: Mount Vernon’s typical sale, last 12 months. Property tax at Mount Vernon’s 2.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mount Vernon is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 10.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $139K home, about $3,170 a year.
Taxes vs. neighborsSchools
The schools grade for Mount Vernon, from test results, graduation and how much students grow.
Schools in Mount VernonTypical commute
The average one-way trip to work for people who live in Mount Vernon.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Centralia sells for less a square foot
The busier markets within 25 miles of Mount Vernon, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Centralia | 134 | $106K | $76 | 16% | 62 |
| Mount Vernon | 133 | $139K | $96 | 25% | 59 |
| Salem | 89 | $142K | $98 | 22% | 60 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Mount Vernon, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Mount Vernon. People who follow the town see it, and so do people comparing Mount Vernon with their own town. No commission, no listing fee.
Questions about buying a home in Mount Vernon
What do homes sell for in Mount Vernon, IL?
133 homes sold in the year to May 2026 at a typical $139K, $96 a square foot.
Is Mount Vernon a buyer’s or seller’s market?
A seller’s market: 51 homes were for sale in May 2026 and 14 sold, about 3.6 months of supply. Buyers paid 95.6% of asking on average, and 19% of listings cut their price.
When is the best time to buy in Mount Vernon?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Mount Vernon?
About 2.3% of a home’s value a year. On a $139K home that’s near $3,170.
Where can I see homes for sale in Mount Vernon?
Zillow, Redfin, Realtor.com and Homes.com all carry Mount Vernon’s MLS listings; the search links above open each one filtered to Mount Vernon.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).