Is Mount Vernon, WA 98274 a buyer’s or seller’s market?

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

Mount Vernon is a seller’s market. With about 3.1 months of supply and 28% 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.

Competition score65/ 100

More competitive than 67% of U.S. ZIP codes, and #89 of 298 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 August 31, 2026. See the breakdown

Months of supply3.1Under 4 months = seller’s market
Sold above original list27.8%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market12Listing to accepted offer
Median price per sq ft$360▼ −4.7% vs. last year

The Mount Vernon housing market right now

In the three months ending August 31, 2026, 28% of homes in Mount Vernon, WA 98274 sold above their list price, the typical home went under contract in 12 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 81 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 24%, homes sold about as fast and the median sale price fell 17% to $579,749. Overall, Mount Vernon is more competitive than a year ago, so tougher for buyers.

Within Skagit County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Mount Vernon ranks #89 of 298 WA ZIP codes with enough sales (score 65 out of 100).

Nearby, buyers who want less competition could look at La Conner 98257 (0% sold over asking) or Bow 98232 (14% sold over asking), while Clearlake 98235 (100% sold over asking) and Hamilton 98255 (100% sold over asking) are even more competitive.

Nearby markets

Anacortes 98221Balanced $419 /sq ftBow 98232Balanced $529 /sq ftBurlington 98233Seller’s market $348 /sq ftClearlake 98235Seller’s market $380 /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 seller’s market: there were 3.1 months of supply in Mount Vernon, WA 98274 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 12 days in the latest three months.

Do homes in Mount Vernon sell over asking?

28% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.

What are property taxes in Mount Vernon?

About 0.79% of a home’s value a year in Skagit County, or roughly $3,160 on a $400,000 home.

What is the median home price in Mount Vernon?

The median sale price was $579,749 in the three months ending August 31, 2026, about $360 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