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Foreclosure Homes in Mt Vernon, TX

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Mt Vernon, TX Foreclosures

Current Market Conditions in in Mt Vernon, TX As of February 2026?
Over the past month, Mount Vernon's real estate market has continued to show signs of growth, with an increase in both home sales and inquiries from potential buyers. With limited inventory, the competition remains strong, pushing some sellers to raise their asking prices. New listings have emerged as builders try to capitalize on the growing interest, yet the overall inventory remains below the ideal level, resulting in homes selling faster than anticipated.
How much do homes sell for in Mt Vernon, TX?
The average home price is currently $508,483.
In Mt Vernon, TX, how many homes are available?
There are currently 1 active home listings available in Mt Vernon.
What’s the average rental cost in Mt Vernon, TX?
The average rental price in Mt Vernon is $1,518.
What is the most expensive home in Mt Vernon?
The most expensive home sold in Mt Vernon had a price of $5,643,043.
What is currently the cheapest priced home in Mt Vernon, TX?
The cheapest home for sale in Mt Vernon is priced at $33,148.

Living in Mt Vernon, TX

Mount Vernon, Texas, is a charming small town that serves as the county seat of Franklin County. Known for its friendly community and vibrant atmosphere, it offers a peaceful lifestyle with easy access to nature. Residents enjoy quaint boutiques, local dining, and a strong sense of community, making it an ideal place for families and retirees alike.

Buyer vs Seller Market in Mt Vernon, TX

The Mount Vernon real estate market is currently experiencing a steady demand for homes, fueled by its attractive small-town living and increasing interest from potential buyers looking for a peaceful retreat. Average home prices have shown consistent growth as more people seek affordability without compromising quality of life.

There is a noticeable trend of families relocating to Mount Vernon in search of a slower-paced lifestyle, which has led to a variety of home listings coming on the market. This influx of new residents is prompting local developers to consider new construction projects to meet the growing demand.

Home Value Estimator For Mt Vernon, TX

There are currently 903 real estate properties in Mt Vernon, TX, with a median automated valuation model (AVM) price of $269,065.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mt Vernon, TX, 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 Mt Vernon, TX, is $508,483.00, with the most expensive house in Mt Vernon, TX, topping out at $5,643,043.00 and the cheapest home in Mt Vernon, TX, clocking in at $33,148.00. In other words, there’s something for every potential homebuyer or savvy investor in Mt Vernon, TX!

Rent Prices In Mt Vernon, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mt Vernon, TX, is on a rollercoaster ride. The average rent price in Mt Vernon, TX, is $1,518.00. Indeed, when looking to rent in Mt Vernon, TX, you can expect to pay as little as $570.00 or as much as $3,000.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Mt Vernon, TX -- 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.

Mt Vernon, TX Foreclosures


Market Trend for Mt Vernon, TX

Total Listings Available: 1

Market Values:

Home Prices from $33,148 to $5,643,043

Average Sales Price: $508,483

Rental Values:

Rental from $570 to $3,000

Average Rent Value: $1,518 / month

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