Is Mount Vernon, MO 65712 a buyer’s or seller’s market?
Mount Vernon is a seller’s market. With about 2.7 months of supply and 0% 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.
The Mount Vernon housing market right now
In the three months ending August 31, 2026, 0% of homes in Mount Vernon, MO 65712 sold above their list price, the typical home went under contract in 62 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 39 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (29 days then) and the median sale price rose 3% to $242,295. Overall, Mount Vernon is less competitive than a year ago, which gives buyers more room.
Within Lawrence County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Run the numbers for 65712
Nearby markets
Freistatt 65654 $118 /sq ftLa Russell 64848 $125 /sq ftMarionville 65705Balanced $116 /sq ftMiller 65707Seller’s market $142 /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 2.7 months of supply in Mount Vernon, MO 65712 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 62 days in the latest three months.
Do homes in Mount Vernon sell over asking?
0% of homes sold above their original list price.
What are property taxes in Mount Vernon?
About 0.59% of a home’s value a year in Lawrence County, or roughly $2,360 on a $400,000 home.
What is the median home price in Mount Vernon?
The median sale price was $242,295 in the three months ending August 31, 2026, about $159 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