Market Intelligence Report — IL-500

Mount Vernon, IL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IL-08
As of the latest 2026 data
Cooling

Median Listing

$225K
+12.5% YoY

Pending Ratio

0.38
-16.2% YoY

Active Inventory

85
+30.8% YoY

Median DOM

67 Days
+13.6% YoY

Primary Intelligence Tool — Sold Score™

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The Mount Vernon market is currently Cooling, characterized by a pending ratio of 0.38, indicating that demand absorption is moderate relative to supply. Active listings have expanded by 30.8% year-over-year, contributing to more inventory availability.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Mount Vernon market right now.

Inventory growth is a key trend, with active listings increasing by 30.8% over the past year. Concurrently, new listings have contracted by 14.3% year-over-year. The pending ratio has declined by 16.2% year-over-year to its current 0.38, suggesting a slowing pace of demand absorption relative to available homes. Median listing prices have experienced a significant 12.5% year-over-year appreciation, despite a slight monthly decline of 2.2%.

Historical Analysis

Market Trends

Median Price

$225K-2.2% MoM

Active Inventory

85+30.8% YoY

Days on Market

67+13.6% YoY

Sold Score™

38-16.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

38
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.38 and active listings expanding substantially, prospective purchasers are likely encountering a greater selection of properties and a longer decision-making timeframe. This environment suggests that price discipline may become more pronounced, and the pace of transactions could be slower, potentially leading to increased negotiation opportunities.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

85 active listings represent the current floor, with new supply arriving at roughly 24 per month.

Pricing Pressure
22.9%

of active listings carry a price reduction, +9.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +10.0% year-over-year.

Absorption
0.38

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Mount Vernon, IL? Homes here are taking 8 days longer to sell than last year.

Buyers have leverage in Mount Vernon, IL. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
38%
Median Days on Market
67 days
Inventory YoY
+31%

In a buyer's market, strategy beats timing. See how your home scores in Mount Vernon, IL and what moves the number.

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Metro Demographics

Metro Area
Mount Vernon, IL
CBSA Code
34500
State
IL