Market Intelligence Report — IL-500

Mount Vernon, IL

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

Ref. No: 2026-IL-09
As of the latest 2026 data
Cooling

Median Listing

$219K
+9.4% YoY

Pending Ratio

0.40
+1.1% YoY

Active Inventory

86
+20.3% YoY

Median DOM

71 Days
+18.3% YoY

Primary Intelligence Tool — Sold Score™

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The Mount Vernon market is currently characterized as Cooling, with the pending ratio standing at 0.40. This reflects a deceleration in demand absorption relative to available supply, even as active listings have expanded by 20.3% over the past year.

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.

Over the past year, the market has seen a notable increase in active listings, rising by 20.3%, while new listings also grew significantly by 54.5%. Despite a positive year-over-year change of 1.1% in the pending ratio, its current absolute level indicates softening demand. Median listing price growth stands at 9.4% year-over-year, alongside an 18.3% increase in median days on market, suggesting a slower pace of transactions.

Historical Analysis

Market Trends

Median Price

$219K-2.9% MoM

Active Inventory

86+20.3% YoY

Days on Market

71+18.3% YoY

Sold Score™

53+1.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

53
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

The current market dynamics suggest a deceleration in the pace of sales, placing greater emphasis on strategic pricing and property condition for sellers. With active inventory expanding considerably, buyers may find more opportunities for due diligence and negotiation, as competitive pressure has moderated. Price discipline is becoming a more critical factor in achieving transaction velocity.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

86 active listings represent the current floor, with new supply arriving at roughly 34 per month.

Pricing Pressure
15.1%

of active listings carry a price reduction, +1.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.8% year-over-year.

Absorption
0.40

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Mount Vernon, IL? Homes here are taking 11 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
40%
Median Days on Market
71 days
Inventory YoY
+20%

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