Is Mount Vernon, IA 52314 a buyer’s or seller’s market?

The Mount Vernon housing market right now

In the three months ending August 31, 2026, 39% of homes in Mount Vernon, IA 52314 sold above their list price, the typical home went under contract in 61 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 34 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 30%, homes sold more slowly (21 days then) and the median sale price rose 29% to $424,816. Overall, Mount Vernon is less competitive than a year ago, which gives buyers more room.

Within Linn County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell more often over asking than in 68%. On our competition score, Mount Vernon ranks #36 of 156 IA ZIP codes with enough sales (score 66 out of 100).

Nearby, buyers who want less competition could look at Toddville 52341 (0% sold over asking) or Ely 52227 (11% sold over asking), while Coggon 52218 (75% sold over asking) and Central City 52214 (67% sold over asking) are even more competitive.