Mount Vernon, VA Housing Market
The Mount Vernon housing market is very competitive. The median sale price of a home in Mount Vernon was $795K last month, down 3.0% since last year. The median sale price per square foot in Mount Vernon is $319, down 10.0% since last year.
Mount Vernon Housing Market Trends
In April 2024, Mount Vernon home prices were down 3.0% compared to last year, selling for a median price of $795K. On average, homes in Mount Vernon sell after 37 days on the market compared to 27 days last year. There were 10 homes sold in April this year, down from 11 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Mount Vernon housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 28 days.
- Hot homescan sell for about 5% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 13 days.
- Hot homescan sell for about 6% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 25 days.
- Hot homescan sell for about 4% above list price and go pending in around 5 days.
Mount Vernon Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Mount Vernon from outside metros.
- New York homebuyers searched to move into Mount Vernon more than any other metro followed by Hartford and Atlanta.
- 82% of Mount Vernon homebuyers searched to stay within the Mount Vernon metropolitan area.
- Salisbury was the most popular destination among Mount Vernon homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,393 | ||
2 | 1,561 | ||
3 | 642 | ||
4 | 348 | ||
5 | 314 | ||
6 | 19 | ||
7 | 12 | ||
8 | 12 | ||
9 | 10 | ||
10 | 9 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,468 | ||
2 | 2,447 | ||
3 | 1,942 | ||
4 | 1,579 | ||
5 | 1,486 | ||
6 | 1,371 | ||
7 | 1,288 | ||
8 | 1,272 | ||
9 | 947 | ||
10 | 832 |
Home offer insights for Mount Vernon
Recent offers
View houses in Mount Vernon that sold recently
Recently sold homes
- $1,030,000 Last Sold Price4 beds2.5 baths2,478 sq ft9222 Craig Ave, Alexandria, VA 22309(703) 229-8935 Redfin CorporationList Price$989,000Sale to List4% over listDays on Market34 days9222 Craig Ave, Alexandria, VA 22309
- $715,000 Last Sold Price3 beds2.5 baths2,102 sq ft8361 Wagon Wheel Rd, Alexandria, VA 22309(703) 229-8935List Price$675,000Sale to List6% over listDays on Market25 days8361 Wagon Wheel Rd, Alexandria, VA 22309
- $1,450,000 Last Sold Price5 beds5.5 baths3,199 sq ft9401 Ferry Landing Ct, Alexandria, VA 22309(540) 687-6321List Price$1,450,000Sale to List0% over listDays on Market44 days9401 Ferry Landing Ct, Alexandria, VA 22309
- $1,535,000 Last Sold Price5 beds4.5 baths6,060 sq ft9329 Mount Vernon Cir, Alexandria, VA 22309(703) 549-9292List Price$1,635,000Sale to List6% under listDays on Market54 days9329 Mount Vernon Cir, Alexandria, VA 22309
- $1,250,000 Last Sold Price5 beds3.5 baths4,850 sq ft5216 Old Mill Rd, Alexandria, VA 22309(703) 549-9292List Price$1,275,000Sale to List2% under listDays on Market65 days5216 Old Mill Rd, Alexandria, VA 22309
- $724,500 Last Sold Price4 beds2 baths1,818 sq ft4017 Colonial Ave, Alexandria, VA 22309(703) 790-9090List Price$659,000Sale to List10% over listDays on Market21 days4017 Colonial Ave, Alexandria, VA 22309
- $810,000 Last Sold Price5 beds4.5 baths4,065 sq ft3429 Ramsgate Ter, Alexandria, VA 22309(866) 825-7169List Price$800,000Sale to List1% over listDays on Market28 days3429 Ramsgate Ter, Alexandria, VA 22309
- $790,000 Last Sold Price5 beds2.5 baths2,490 sq ft8517 Wagon Wheel Rd, Alexandria, VA 22309(703) 683-0400List Price$798,500Sale to List1% under listDays on Market53 days8517 Wagon Wheel Rd, Alexandria, VA 22309
See all recently sold homes in Mount Vernon.
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Schools in Mount Vernon
- Elementary
- Middle
- High
GreatSchools Rating
5/10 Riverside Elementary School Public • PreK-6 | 786 Students | 18 reviews |
3/10 Washington Mill Elementary School Public • PreK-6 | 552 Students | 28 reviews |
2/10 Woodley Hills Elementary School Public • PreK-6 | 492 Students | 8 reviews |
2/10 Woodlawn Elementary School Public • PreK-6 | 480 Students | 13 reviews |
Climate's impact on Mount Vernon housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Mount Vernon.
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Wind Factor - Major
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Wind likelihood over time
Heat Factor - Severe
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Transportation in Mount Vernon
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