Foreclosure Homes in Mount Vernon, NY 10552

Current Market Conditions in Mount Vernon, NY

The real estate market in Mount Vernon has experienced steady growth over the past few years, largely driven by its attractive location near New York City. The area's affordability compared to Manhattan and Bronx has made it a desirable choice for families and professionals alike. Homes tend to be priced moderately, reflecting both the historical value and the accessibility offered by public transport.

The rental market continues to be robust, with a variety of housing options ranging from single-family homes to multifamily dwellings. This variety attracts a diverse demographic, comprising young professionals, families, and retirees.

Rent Prices In Mount Vernon, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mount Vernon, NY, is on a rollercoaster ride. The average rent price in Mount Vernon, NY, is $2,648.00. Indeed, when looking to rent in Mount Vernon, NY, you can expect to pay as little as $1,150.00 or as much as $5,490.00, with the average rent median estimated to be $2,540.00. The good news is that finding an affordable and desirable property to rent in Mount Vernon, NY -- 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.