Is Mount Vernon, KY 40456 a buyer’s or seller’s market?
Mount Vernon is a seller’s market. With about 3.6 months of supply and 4% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 11% of U.S. ZIP codes, and #134 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Mount Vernon housing market right now
In the three months ending August 31, 2026, 4% of homes in Mount Vernon, KY 40456 sold above their list price, the typical home went under contract in 61 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 24 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 8%, homes sold more slowly (42 days then) and the median sale price fell 8% to $189,918. Overall, Mount Vernon is less competitive than a year ago, which gives buyers more room.
On our competition score, Mount Vernon ranks #134 of 160 KY ZIP codes with enough sales (score 18 out of 100).
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Nearby markets
Brodhead 40409Seller’s market $107 /sq ftLivingston 40445 — /sq ftOrlando 40460 — /sq ft Browse all markets →Towns like Mount Vernon nearby
Find towns like Mount Vernon in other states →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 seller’s market: there were 3.6 months of supply in Mount Vernon, KY 40456 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 61 days in the latest three months.
Do homes in Mount Vernon sell over asking?
4% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.
What are property taxes in Mount Vernon?
About 0.48% of a home’s value a year in Rockcastle County, or roughly $1,920 on a $400,000 home.
What is the median home price in Mount Vernon?
The median sale price was $189,918 in the three months ending August 31, 2026, about $130 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