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Foreclosure Homes in Mount Vernon, IA

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Mount Vernon, IA Foreclosures

Current Market Conditions in in Mount Vernon, IA As of February 2026?
Over the past month, Mount Vernon has experienced a slight shift in housing inventory due to a seasonal decrease in listings. However, demand remains robust, with many homes going under contract quickly. The average home price has seen a marginal increase as buyers compete for available properties, indicating continued growth in the local real estate market.
How much do homes sell for in Mount Vernon, IA?
The average home price is currently $366,814.
In Mount Vernon, IA, how many homes are available?
There are currently 26 active home listings available in Mount Vernon.
What’s the average rental cost in Mount Vernon, IA?
The average rental price in Mount Vernon is $1,700.
What is the most expensive home in Mount Vernon?
The most expensive home sold in Mount Vernon had a price of $6,132,745.
What is currently the cheapest priced home in Mount Vernon, IA?
The cheapest home for sale in Mount Vernon is priced at $23,645.

Living in Mount Vernon, IA

Mount Vernon, IA is a quaint town with a rich history and a welcoming community. Its charming downtown offers unique shops and numerous dining options, while nearby parks provide ample opportunities for outdoor activities. Families appreciate the excellent school system, making it a desirable location for settling down.

Buyer vs Seller Market in Mount Vernon, IA

The real estate market in Mount Vernon has seen increased interest over the past few months as more buyers seek the tranquility of rural living combined with urban amenities. Home values are on the rise, indicating a strong demand fueled by families and professionals looking for a peaceful suburb with good schools.

Recent trends highlight a growing interest in historic homes, as many buyers are drawn towards the town's rich architecture and charm. Properties that feature modern upgrades while retaining historical features are particularly sought after, allowing sellers to command higher prices.

Home Value Estimator For Mount Vernon, IA

There are currently 2,129 real estate properties in Mount Vernon, IA, with a median automated valuation model (AVM) price of $331,252.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mount Vernon, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mount Vernon, IA, is $366,814.00, with the most expensive house in Mount Vernon, IA, topping out at $6,132,745.00 and the cheapest home in Mount Vernon, IA, clocking in at $23,645.00. In other words, there’s something for every potential homebuyer or savvy investor in Mount Vernon, IA!

Rent Prices In Mount Vernon, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mount Vernon, IA, is on a rollercoaster ride. The average rent price in Mount Vernon, IA, is $1,700.00. Indeed, when looking to rent in Mount Vernon, IA, you can expect to pay as little as $870.00 or as much as $3,790.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Mount Vernon, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mount Vernon, IA Foreclosures


Market Trend for Mount Vernon, IA

Total Listings Available: 26

Market Values:

Home Prices from $23,645 to $6,132,745

Average Sales Price: $366,814

Rental Values:

Rental from $870 to $3,790

Average Rent Value: $1,700 / month

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