Is Mount Vernon, NY 10553 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Mount Vernon is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.8Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market34Listing to accepted offer
Median price per sq ft$287▼ −14.6% vs. last year

The Mount Vernon housing market right now

In the three months ending August 31, 2026, 50% of homes in Mount Vernon, NY 10553 sold above their list price, the typical home went under contract in 34 days and there were 5.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 56%, homes sold faster (76 days then) and the median sale price fell 10% to $657,216. Overall, Mount Vernon is more competitive than a year ago, so tougher for buyers.

Within Westchester County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in 80%.

Nearby, buyers who want less competition could look at Millwood 10546 (0% sold over asking) or Ardsley On Hudson 10503 (0% sold over asking), while Lincolndale 10540 (100% sold over asking) and Purdys 10578 (100% sold over asking) are even more competitive.

Nearby markets

Amawalk 10501Seller’s market $342 /sq ftArdsley 10502Seller’s market $584 /sq ftArdsley On Hudson 10503 $671 /sq ftArmonk 10504Seller’s market $531 /sq ft Browse all markets →

Where Mount Vernon is

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Questions about Mount Vernon real estate

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

A balanced market: there were 5.8 months of supply in Mount Vernon, NY 10553 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Mount Vernon?

The typical home went under contract in 34 days in the latest three months.

Do homes in Mount Vernon sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Mount Vernon?

About 1.51% of a home’s value a year in Westchester County, or roughly $6,040 on a $400,000 home.

What is the median home price in Mount Vernon?

The median sale price was $657,216 in the three months ending August 31, 2026, about $287 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology