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Is Mount Vernon, TX 75457 a buyer’s or seller’s market?

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

Mount Vernon is a buyer’s market. With about 12.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score16/ 100

More competitive than 9% of U.S. ZIP codes, and #656 of 881 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 July 31, 2026. See the breakdown

Months of supply12.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market63Listing to accepted offer
Median price per sq ft$178▲ +2.2% vs. last year

The Mount Vernon housing market right now

In the three months ending August 31, 2026, 0% of homes in Mount Vernon, TX 75457 sold above their list price, the typical home went under contract in 63 days and there were 12.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 11 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 5%, homes sold more slowly (53 days then) and the median sale price fell 21% to $274,881. Overall, Mount Vernon is less competitive than a year ago, which gives buyers more room.

Run the numbers for 75457

Prefilled for 75457Can I win this house?Multiple-offer likelihood for a listing Prefilled for 75457Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Scroggins 75480Buyer’s market $170 /sq ftTalco 75487Buyer’s market $47 /sq ft Browse all markets →

Towns like Mount Vernon nearby

Find towns like Mount Vernon in other states →
Blossom, TX75416 · 37 miles away88% similarcheaper homes ($47K less) · smaller Paris, TX75462 · 39 miles away88% similarlarger · older residents Pittsburg, TX75686 · 21 miles away78% similarcheaper homes ($79K less) · larger Sulphur Springs, TX75482 · 22 miles away77% similarlarger · more renters

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 buyer’s market: there were 12.2 months of supply in Mount Vernon, TX 75457 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 63 days in the latest three months.

Do homes in Mount Vernon sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.

What are property taxes in Mount Vernon?

About 0.89% of a home’s value a year in Franklin County, or roughly $3,560 on a $400,000 home.

What is the median home price in Mount Vernon?

The median sale price was $274,881 in the three months ending August 31, 2026, about $178 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