Market Overview
Home Prices in Mount Vernon, KY
The median home value in Mount Vernon, KY is $143,871 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 13.8% compared to a year ago and up 9.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mount Vernon are priced65% below average.
Over the past five years, Mount Vernon home values have risen by approximately28.7%, reflecting strong long-term appreciation in this market.
Price History
Mount Vernon Home Price Trend
2020
$96,993
$97K
—
2021
$111,770
$112K
+15.2%
2022
$132,569
$133K
+18.6%
2023
$149,360
$149K
+12.7%
2024
$152,962
$153K
+2.4%
2025
$166,882
$167K
+9.1%
2026
$143,871
$144K
-13.8%
City Comparison
Mount Vernon vs. National Median
🏠 Mount Vernon
$143,871
National Median
$410,000
At $143,871, homes in Mount Vernon cost 65% below the national median of $410,000. This makes Mount Vernon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mount Vernon?
20% Down Payment
$28,774
on $143,871
Monthly P&I
$750/mo
30-yr @ 6.8%
Total Monthly Est.
~$953/mo
incl. taxes & insurance
Income Needed
$38,120
gross annual (30% rule)
10% Down Option
$14,387
+ PMI applies
Loan Amount (20% dn)
$115,097
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Mount Vernon, KY?
The median home value in Mount Vernon is $143,871 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 13.8% year-over-year.
How much have home prices changed in Mount Vernon?
Over the past year, home values in Mount Vernon have decreased by 13.8%. Over five years, prices have risen approximately 28.7%.
How much do I need to earn to buy a home in Mount Vernon?
To comfortably afford the median home price of $143,871 with a 20% down payment ($28,774) at today's rates (6.8%), you'd need a gross annual income of approximately $38,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Mount Vernon compare to the national average home price?
The national median home value is approximately $410,000. At $143,871, homes in Mount Vernon are 65% below the national average.