Is Mount Vernon, OR 97865 a buyer’s or seller’s market?
Mount Vernon is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Mount Vernon housing market right now
In the three months ending August 31, 2026, 0% of homes in Mount Vernon, OR 97865 sold above their list price, the typical home went under contract in 236 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (100 days then) and the median sale price rose 22% to $262,886. Overall, Mount Vernon is less competitive than a year ago, which gives buyers more room.
Within Grant County, homes here sell more slowly than in 67% 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 97865
Nearby markets
Canyon City 97820Buyer’s market $228 /sq ftDayville 97825 — /sq ftJohn Day 97845Buyer’s market $176 /sq ftKimberly 97848 $355 /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 buyer’s market: there were 8 months of supply in Mount Vernon, OR 97865 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 236 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 91.5% of the list price.
What are property taxes in Mount Vernon?
About 0.73% of a home’s value a year in Grant County, or roughly $2,920 on a $400,000 home.
What is the median home price in Mount Vernon?
The median sale price was $262,886 in the three months ending August 31, 2026, about $134 per square foot.
Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology