Market Overview
Home Prices in Mount Vernon, NY
The median home value in Mount Vernon, NY is $594,937 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.2% compared to a year ago and down 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mount Vernon are priced45% above average. Mount Vernon is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Mount Vernon home values have risen by approximately9.6%, reflecting steady appreciation in this market.
Price History
Mount Vernon Home Price Trend
City Comparison
Mount Vernon vs. National Median
At $594,937, homes in Mount Vernon cost 45% above the national median of $410,000. Buyers in Mount Vernon should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Mount Vernon?
20% Down Payment
$118,987
on $594,937
Monthly P&I
$3,103/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,941/mo
incl. taxes & insurance
Income Needed
$157,640
gross annual (30% rule)
10% Down Option
$59,494
+ PMI applies
Loan Amount (20% dn)
$475,950
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, NY?
The median home value in Mount Vernon is $594,937 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.2% year-over-year.
How much have home prices changed in Mount Vernon?
Over the past year, home values in Mount Vernon have increased by 4.2%. Over five years, prices have risen approximately 9.6%.
How much do I need to earn to buy a home in Mount Vernon?
To comfortably afford the median home price of $594,937 with a 20% down payment ($118,987) at today's rates (6.8%), you'd need a gross annual income of approximately $157,640. 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 $594,937, homes in Mount Vernon are 45% above the national average.
What metro area is Mount Vernon part of?
Mount Vernon is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.