Market Intelligence Report — OH-540

Mount Vernon, OH

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

Ref. No: 2026-OH-08
As of the latest 2026 data
Accelerated

Median Listing

$399K
+10.8% YoY

Pending Ratio

0.79
+13.2% YoY

Active Inventory

141
-6.6% YoY

Median DOM

50 Days
-1.0% YoY

Primary Intelligence Tool — Sold Score™

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The Mount Vernon market is currently classified as Accelerated. A pending ratio of 0.79 indicates robust absorption of available inventory, with a notable 13.2% increase year-over-year in the pending ratio.

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.

Active listings have contracted by 6.6% year-over-year, alongside a 5.6% year-over-year decline in new listings, contributing to persistent supply constraints. The median listing price has increased by 10.8% over the past year, reaching $398,750, despite a minor 1.1% month-over-month decrease. This suggests sustained upward pressure on prices.

Historical Analysis

Market Trends

Median Price

$399K-1.1% MoM

Active Inventory

141-6.6% YoY

Days on Market

50-1.0% YoY

Sold Score™

79+13.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

79
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

The elevated pending ratio, coupled with contracting active inventory, implies that transactions are proceeding at an accelerated pace. Buyers face a narrower selection of properties, which can lead to reduced negotiating flexibility and a more disciplined approach to pricing from sellers.

Luxury Segment

The average listing price in Mount Vernon experienced a significant 9.9% decline year-over-year, contrasting with a 10.8% increase in the median listing price. This divergence, coupled with a modest 2.5% year-over-year increase in median $/sqft, suggests some softening at the higher price tiers of the market.

Supply Dynamics

141 active listings represent the current floor, with new supply arriving at roughly 68 per month.

Pricing Pressure
28.7%

of active listings carry a price reduction, +3.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.5% year-over-year.

Absorption
0.79

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Mount Vernon, OH? Buyer Demand Index is running at 79%.

Demand in Mount Vernon, OH is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
79%
Median Days on Market
50 days
Inventory YoY
−7%

Demand is strong in Mount Vernon, OH. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Mount Vernon, OH
CBSA Code
34540
State
OH
Analysis FAQ
  • What is the current market condition in Mount Vernon?+

    As of the latest 2026 data, the Mount Vernon metro is classified as Accelerated. Pending ratio is 0.79 with median days on market at 50.

  • Are home prices dropping in Mount Vernon?+

    Median listing price is $399K, +10.8% year over year. 28.7% of active listings carry a price reduction.

  • How fast are homes selling in Mount Vernon?+

    The typical listing sits 50 days on market, a -1.0% change YoY. New listings are arriving at 68 per month.

  • What's happening in the Mount Vernon luxury market?+

    The average listing price in Mount Vernon experienced a significant 9.9% decline year-over-year, contrasting with a 10.8% increase in the median listing price. This divergence, coupled with a modest 2.5% year-over-year increase in median $/sqft, suggests some softening at the higher price tiers of the market.

  • Where can I find a trusted Mount Vernon real estate expert?+

    Primpted maintains a vetted registry of Mount Vernon agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 34540 · 36mo history