Home Values

Mount Vernon Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$113,300

  • 5.8% 1-year change
  • 3.4% 1-year forecast

The median home value in Mount Vernon is $113,300. Mount Vernon home values have gone up 5.8% over the past year and Zillow predicts they will rise 3.4% within the next year. The median price of homes currently listed in Mount Vernon is $130,000.

Foreclosures will be a factor impacting home values in the next several years. In Mount Vernon 17.6 homes are foreclosed (per 10,000). This is greater than the Little Rock Metro value of 6.8 and also greater than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Mount Vernon is 0.0%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Mount Vernon homeowners underwater on their mortgage is 18.1%, which is higher than Little Rock Metro at 16.5%.

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Relative ZHVI
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Mount Vernon Market Overview

Data through Jan 31, 2015
  • $113,300 ZHVI
  • 3.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • No recent data Median listing price
  • No data Median sale price
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Mount Vernon Market Health

Data through Jan 31, 2015
  • 8.3/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 18.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 0.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

17.6 homes(Aug 31, 2014) Mount Vernon
6.8 homes Little Rock Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Austin $144,300
Cabot $138,800
Vilonia $137,100
Name Median ZHVI
Conway $134,100
Romance $131,700
Beebe $123,000
Name Median ZHVI
Greenbrier $119,100
Rose Bud $114,500
McRae $93,700

Listings & Sales

  • No data
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Mount Vernon Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $838 Mount Vernon
    $1,002 Little Rock Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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