Is Mount Vernon, AR 72111 a buyer’s or seller’s market?
Mount Vernon is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Mount Vernon housing market right now
In the three months ending August 31, 2026, 67% of homes in Mount Vernon, AR 72111 sold above their list price, the typical home went under contract in 49 days and there were 4.3 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. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (2 days then) and the median sale price rose 83% to $193,916. Overall, Mount Vernon is more competitive than a year ago, so tougher for buyers.
Within Faulkner County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Enola 72047 (0% sold over asking) or Damascus 72039 (0% sold over asking).
Run the numbers for 72111
Nearby markets
Conway 72032Seller’s market $148 /sq ftConway 72034Seller’s market $163 /sq ftDamascus 72039Seller’s market $157 /sq ftEnola 72047Balanced $145 /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 balanced market: there were 4.3 months of supply in Mount Vernon, AR 72111 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 49 days in the latest three months.
Do homes in Mount Vernon sell over asking?
67% of homes sold above their original list price, and the typical sale closed at 101.3% of the list price.
What are property taxes in Mount Vernon?
About 0.54% of a home’s value a year in Faulkner County, or roughly $2,160 on a $400,000 home.
What is the median home price in Mount Vernon?
The median sale price was $193,916 in the three months ending August 31, 2026, about $147 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