Is Mount Vernon, OH 43050 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Mount Vernon is a seller’s market. With about 3 months of supply and 32% 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.

Competition score55/ 100

More competitive than 57% of U.S. ZIP codes, and #306 of 489 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

Months of supply3Under 4 months = seller’s market
Sold above original list32.4%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$168▲ +2.6% vs. last year

The Mount Vernon housing market right now

In the three months ending August 31, 2026, 32% of homes in Mount Vernon, OH 43050 sold above their list price, the typical home went under contract in 48 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 108 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 23%, homes sold more slowly (46 days then) and the median sale price held steady to $249,792. Overall, Mount Vernon is more competitive than a year ago, so tougher for buyers.

Within Knox County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Mount Vernon ranks #306 of 489 OH ZIP codes with enough sales (score 55 out of 100).

Nearby, buyers who want less competition could look at Danville 43014 (0% sold over asking) or Howard 43028 (20% sold over asking), while Bladensburg 43005 (100% sold over asking) is even more competitive.

Nearby markets

Bladensburg 43005 $150 /sq ftCenterburg 43011Seller’s market $205 /sq ftDanville 43014Buyer’s market $112 /sq ftFredericktown 43019Seller’s market $159 /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 seller’s market: there were 3 months of supply in Mount Vernon, OH 43050 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 48 days in the latest three months.

Do homes in Mount Vernon sell over asking?

32% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.

What are property taxes in Mount Vernon?

About 1.07% of a home’s value a year in Knox County, or roughly $4,280 on a $400,000 home.

What is the median home price in Mount Vernon?

The median sale price was $249,792 in the three months ending August 31, 2026, about $168 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