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William Gonnerman HouseWilliam Gonnerman House · Photo: Nyttend · Public domain
Housing in Mount Vernon

92 homes sold in Mount Vernon in the last year, at a typical $186K

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.

Homes sold
92
June 2025 to May 2026
Typical sale price
$186K
median, weighted by sales
Price per square foot
$112
Indiana $148
Paid vs. asking
97.9%
17% sold over asking
For sale now
18
May 2026 · 8 sold that month
What sold · last 12 months

Houses are 99% of Mount Vernon’s sales, at a typical $186K

92 homes sold in the year to May 2026.

Houses$186K

typical sale · 91 sold in 12 months

Per square foot
$112IN $148
Days to sell
27
Sold over asking
18%
Listings with a price cut
29%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $100K

Too few sales in 12 months for reliable figures.

11 years of sales

About as many homes sell as usual, at 1.7 times the 2016 price

92 sales in the last year, against 99 in 2016 and a low of 69 in 2017. The typical sale went from $110K in 2016 to $186K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2015: 87 sold, typical $93K’152016: 99 sold, typical $110K2017: 69 sold, typical $110K’172018: 77 sold, typical $98K2019: 70 sold, typical $118K’192020: 88 sold, typical $129K2021: 80 sold, typical $141K’212022: 88 sold, typical $139K2023: 83 sold, typical $156K’232024: 85 sold, typical $146K2025: 87 sold, typical $192K’25Last 12 months: 92 sold, typical $186KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Mount Vernon

Houseat $112 a sq ft
The same money in Indianaat $148 a sq ft

Is this asking price fair?

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.

What the sales history says · 11 years of sales

Bidding wars in Mount Vernon are back to pre-pandemic levels, but a third fewer homes come up for sale

We read every month of Mount Vernon’s home sales since 2015 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, 92 sales.

If you’re buying in Mount Vernon

  • Shop in August. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • Offer under asking. Buyers paid 97.9% of the list price on average; 17% paid over.
  • You’ll usually have time. Only 42% of homes go under contract within two weeks; the typical one takes 27 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 10 a month), but June is the most competitive: 33% of June sales close over asking. August has the least competition (16%).

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 5 new listings a month, 17% sold over asking, 101 days to sellJFeb: 7 new listings a month, 20% sold over asking, 95 days to sellFMar: 7 new listings a month, 22% sold over asking, 79 days to sellMApr: 8 new listings a month, 19% sold over asking, 60 days to sellAMay: 7 new listings a month, 23% sold over asking, 59 days to sellMJun: 9 new listings a month, 33% sold over asking, 66 days to sellJJul: 8 new listings a month, 20% sold over asking, 57 days to sellJAug: 10 new listings a month, 16% sold over asking, 65 days to sellASep: 8 new listings a month, 20% sold over asking, 65 days to sellSOct: 7 new listings a month, 26% sold over asking, 53 days to sellONov: 6 new listings a month, 21% sold over asking, 56 days to sellNDec: 6 new listings a month, 19% sold over asking, 71 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Indiana as a whole

Mount Vernon now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price17%13%35%19%
Gone within two weeksShare of homes under contract within 14 days42%0%0%37%
Listings with a price cutShare of homes for sale that cut their price29%——33%
Price paid vs. askingAverage sale price ÷ list price97.9%96.6%98.8%97.7%
Days to sellMedian days from listing to contract271006435
Supply

19 homes for sale on a typical day

That’s 1.9 times the 2023 low (10), 35% fewer than in 2017–19 and well under 2015’s 43.

2015: 43 for sale’152016: 35 for sale2017: 24 for sale2018: 37 for sale’182019: 25 for sale2020: 20 for sale2021: 19 for sale’212022: 12 for sale2023: 10 for sale2024: 15 for sale’242025: 19 for saleLast 12 months: 19 for saleNow
Room to negotiate

1 in 3 listings has cut its price

29% in the last year, against — in 2017–19 and 33% across Indiana.

2022: 36%’222023: 43%2024: 22%2025: 32%’25Last 12 months: 29%Now
Across Indiana

Mount Vernon ranks 76th of 132 busy Indiana markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Mount Vernon is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Mount Vernon home costs about $1,091 a month

Mortgage
Property tax
Insurance
Rent

Price: Mount Vernon’s typical sale, last 12 months. Property tax at Mount Vernon’s 0.8% (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.

Before you buy in Mount Vernon

Six things worth knowing

10

New listings in August

The month with the most choice. January has the fewest, about 5.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $186K home, about $1,450 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Mount Vernon, from test results, graduation and how much students grow.

Schools in Mount Vernon
17 min

Typical commute

The average one-way trip to work for people who live in Mount Vernon.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Melody Hill for far more

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.

SoldTypical sale$/sq ftOver askingDays to sell
Evansville1,622$166K$12727%19
Henderson267$205K$13423%28
Mount Vernon92$186K$11217%27
Melody Hill57$268K$14830%19

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.

Selling, or renting out?

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, IN?

92 homes sold in the year to May 2026 at a typical $186K, $112 a square foot.

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

A seller’s market: 18 homes were for sale in May 2026 and 8 sold, about 2.3 months of supply. Buyers paid 97.9% of asking on average, and 29% of listings cut their price.

When is the best time to buy in Mount Vernon?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Mount Vernon?

About 0.8% of a home’s value a year. On a $186K home that’s near $1,450.

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).