Mount Vernon, VA Housing Market
The Mount Vernon housing market is very competitive. The median sale price of a home in Mount Vernon was $850K last month, up 6.3% since last year. The median sale price per square foot in Mount Vernon is $324, up 29.6% since last year.
Mount Vernon Housing Market Trends
In May 2024, Mount Vernon home prices were up 6.3% compared to last year, selling for a median price of $850K. On average, homes in Mount Vernon sell after 20 days on the market compared to 28 days last year. There were 19 homes sold in May this year, up from 13 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 1% above list price and go pending in around 28 days.
- Hot homescan sell for about 5% above list price and go pending in around 8 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
- Many homes get multiple offers, some 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 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 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 Philadelphia.
- 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 | Mar '24 - May '24 | ||
1 | 3,424 | ||
2 | 2,343 | ||
3 | 726 | ||
4 | 287 | ||
5 | 21 | ||
6 | 21 | ||
7 | 16 | ||
8 | 10 | ||
9 | 9 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 4,451 | ||
2 | 2,549 | ||
3 | 1,831 | ||
4 | 1,559 | ||
5 | 1,508 | ||
6 | 1,373 | ||
7 | 1,342 | ||
8 | 1,280 | ||
9 | 914 | ||
10 | 877 |
Home offer insights for Mount Vernon
Recent offers
View houses in Mount Vernon that sold recently
Recently sold homes
- $880,000 Last Sold Price4 beds3.5 baths3,154 sq ft8228 Brady St, Alexandria, VA 22309(703) 683-0400List Price$875,000Sale to List1% over listDays on Market27 days8228 Brady St, Alexandria, VA 22309
- $749,000 Last Sold Price4 beds2.5 baths2,310 sq ft8700 Falkstone Ln, Alexandria, VA 22309(703) 229-8935List Price$749,000Sale to List0% over listDays on Market64 days8700 Falkstone Ln, Alexandria, VA 22309
- $960,000 Last Sold Price5 beds3 baths2,771 sq ft4413 Dolphin Ln, Alexandria, VA 22309(703) 683-0400 Redfin CorporationList Price$975,000Sale to List2% under listDays on Market41 days4413 Dolphin Ln, Alexandria, VA 22309
- $400,000 Last Sold Price—beds—baths—sq ft5618 Old Mill Rd, Alexandria, VA 22309(703) 871-9300List Price$360,000Sale to List11% over listDays on Market70 days5618 Old Mill Rd, Alexandria, VA 22309
- $780,000 Last Sold Price4 beds2.5 baths1,908 sq ft4305 Agnew Ave, Alexandria, VA 22309(703) 425-8000List Price$799,000Sale to List2% under listDays on Market36 days4305 Agnew Ave, Alexandria, VA 22309
- $1,170,000 Last Sold Price4 beds4 baths2,579 sq ft8310 Wagon Wheel Rd, Alexandria, VA 22309(703) 229-8935List Price$1,250,000Sale to List6% under listDays on Market22 days8310 Wagon Wheel Rd, Alexandria, VA 22309
- $687,000 Last Sold Price4 beds2.5 baths2,000 sq ft5624 Old Mill Rd, Alexandria, VA 22309(703) 871-9300List Price$650,000Sale to List6% over listDays on Market64 days5624 Old Mill Rd, Alexandria, VA 22309
- $790,000 Last Sold Price4 beds3 baths2,729 sq ft8317 Bound Brook Ln, Alexandria, VA 22309(703) 378-8810List Price$759,400Sale to List4% over listDays on Market26 days8317 Bound Brook Ln, 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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