Market Intelligence Report — OH-540

Mount Vernon, OH

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

Ref. No: 2026-OH-09
As of the latest 2026 data
Stabilizing

Median Listing

$400K
+11.9% YoY

Pending Ratio

0.60
-10.0% YoY

Active Inventory

155
+14.9% YoY

Median DOM

42 Days
-18.8% YoY

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The Mount Vernon market is currently exhibiting stabilizing characteristics, with a pending ratio of 0.60, indicating a balanced level of demand absorption relative to available inventory. However, active listings have increased by 14.9% year-over-year, suggesting some expansion in supply.

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 expanded by 14.9% over the past year, while new listings saw a more significant increase of 31.0%, contributing to the growth in available supply. Concurrently, the pending ratio declined by 0.10 year-over-year, settling at 0.60 in the most recent period, signaling a moderation in the pace of demand relative to previous periods. Median listing prices have risen by 11.9% year-over-year, even as median days on market decreased by 18.8%.

Historical Analysis

Market Trends

Median Price

$400K+0.3% MoM

Active Inventory

155+14.9% YoY

Days on Market

42-18.8% YoY

Sold Score™

71-10.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

71
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

With a pending ratio of 0.60, the market demonstrates a more balanced environment, where the pace of sales activity is aligned with inventory levels. While elevated active listings suggest some easing of inventory pressure, properties are still transacting with reduced days on market. This implies a need for price discipline, as the market navigates a more even distribution of negotiating leverage.

Luxury Segment

Average listing prices have declined by 12.6% over the past year, contrasting with an 11.9% increase in median listing prices and a 2.0% increase in median $/sqft. This divergence suggests potential softness in the higher price tiers of the market, where a larger share of inventory might be experiencing downward price adjustments.

Supply Dynamics

155 active listings represent the current floor, with new supply arriving at roughly 76 per month.

Pricing Pressure
20.8%

of active listings carry a price reduction, -0.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.0% year-over-year.

Absorption
0.60

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Mount Vernon, OH? Homes here are taking 10 days less to sell than last year.

Mount Vernon, OH is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
60%
Median Days on Market
42 days
Inventory YoY
+15%

Mount Vernon, OH is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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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 Stabilizing. Pending ratio is 0.60 with median days on market at 42.

  • Are home prices dropping in Mount Vernon?+

    Median listing price is $400K, +11.9% year over year. 20.8% of active listings carry a price reduction.

  • How fast are homes selling in Mount Vernon?+

    The typical listing sits 42 days on market, a -18.8% change YoY. New listings are arriving at 76 per month.

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

    Average listing prices have declined by 12.6% over the past year, contrasting with an 11.9% increase in median listing prices and a 2.0% increase in median $/sqft. This divergence suggests potential softness in the higher price tiers of the market, where a larger share of inventory might be experiencing downward price adjustments.

  • 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