Mount Vernon, WA Home Values & Market Trends

Real estate market trends reflect that there have been 600 transactions over the past year in Mount Vernon. The median value for residential home transactions that occurred over the previous year is $515,086.24. The number of current listings in Mount Vernon is 12, and the percentage of properties for sale in the city is 12.00%. Mount Vernon, WA currently has 4 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 12 properties for sale.

Mount Vernon, WA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
98273

$ 513,526

$ 317/sqft

98274

$ 1,283,574

$ 358/sqft

Housing Market Summary for Mount Vernon, WA

Apr 2023March 2024Change
Median Listing Price$599K$550.6K-8.08%
Median Sold Price$524.5K$550.6K4.98%
Homes For Sale1711-35.29%
Homes Sold371302-18.60%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Mount Vernon, WA

Mount Vernon home values range from $23,534 to $5,519,593. The median estimated value of a home in Mount Vernon is $515,086.24. The median list price of a home is 530,000, and the total count of properties in the city is 15,897.

Foreclosure
There are 2 zips within Mount Vernon, WA; within these zips, the median estimated home value for homes in foreclosure ranges from $1,179,012 in 98273 to the lowest value of $461,000 in 98273. Foreclosure homes account for 0.00% of properties in Mount Vernon, WA with 98273 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in Mount Vernon, WA with 98274 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Mount Vernon, WA; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,179,012 in 98274 to the lowest home value of $1,179,012 in 98274.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mount Vernon, WA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Mount Vernon, WA. There are 2 zips within Mount Vernon, WA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98273 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Mount Vernon, WA. Auction homes and other auction properties account for 0.02% of all properties in Mount Vernon, WA. There are 2 zips within Mount Vernon, WA; of those zips, the median estimated home value for homes going to auction ranges from $647,276 in 98273 to the lowest value of $461,000 in 98273.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.08% of residential properties in Mount Vernon, WA with 98273 containing 10 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Mount Vernon, WA; homes for sale in those zips, have a range of median values from $1,297,149 in 98274 to the lowest value of $233,232 in 98273.
    Sold Homes
    The median value for recently sold homes ranges from $1,773,447 in 98273 to the lowest price of $34,475 in 98273. There are 2 zips within Mount Vernon, WA. 98273 has 166 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.90% of properties in Mount Vernon, WA.

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      Guide for Mount Vernon, WA

      Market Reports
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      See More Articles
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports|posted 4 April 2024

      The Spokane real estate market is dynamic with average home value at $425,000 and per square foot value of $211 as of March 2024.

      2023 Seattle Real Estate Market Review
      Market Reports|posted 12 February 2024

      This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.

      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Recently Listed Homes Mount Vernon, WA

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