Current Price

$105,872

1 Month Forecast

â–² $123,458

1-Year Forecast *

â–² $131,854

5-Year Forecast *

â–² $152,102

"Is it a good time to buy homes in Mount Vernon?" "Does investing in real estate in Mount Vernon (Illinois State, Jefferson County) worth it?" According to our live Forecast System, buying a house in Mount Vernon is a good short-term (1-year) investment*. The Mount Vernon average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Mount Vernon" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Mount Vernon in Illinois State, Jefferson County. If you are looking for homes for sale with good flipping profit, Mount Vernon can be a profitable property investment option. The median price of an average house in Mount Vernon was 105,872 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Mount Vernon" area is 152,102 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +43.67% meaning that investing 100000 USD today may yield a profit of 43,667 USD by 2031.

Current Median Listing Price: 105,872 USD Median Listing Price Per Square Foot: 59 USD

Mount Vernon Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Mount Vernon (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Mount Vernon Price Target

Mount Vernon median home price target in 12 months: $131,854* (upside of 24.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $123,537 $123,246 $123,246 $125,283
2024 $104,226 $105,872 $103,186 $107,942
2023 $102,549 $103,048 $100,898 $103,048
2022 $94,792 $101,999 $94,792 $101,999
2021 $90,372 $94,398 $89,956 $94,398
2020 $90,262 $91,803 $89,593 $94,631
2019 $81,034 $89,789 $81,034 $89,789
2018 $86,326 $81,133 $81,133 $86,326
2017 $96,242 $86,743 $86,697 $96,242
2016 $140,435 $99,874 $99,874 $140,435
2015 $141,193 $142,822 $141,193 $149,667
2014 $131,166 $139,590 $131,166 $139,642
2013 $98,843 $128,379 $98,843 $128,379
2012 $83,501 $96,784 $83,501 $96,784

Questions & Answers about the Mount Vernon Housing Market Forecast

How much does an average home cost in Mount Vernon today?

The value of an average home (the listing price) in Mount Vernon is $105,872 USD.

What is the average price per square foot in Mount Vernon?

According to Walletinvestor the median price per square foot in Mount Vernon is 59 USD.

Will the median listing price of homes in Mount Vernon grow / rise / go up?

Yes. The Mount Vernon home prices may rise from 105,872 USD to 131,854 USD in one year.

Is it profitable to invest in Mount Vernon homes?

Yes. The long-term profit potential is +24.54% in one year.

Will Mount Vernon house prices fall / drop?

No. See above.

What is the predicted price of a Mount Vernon home in 2030?

The predicted home sales price of a Mount Vernon home in 2030 in Mount Vernon is 148,089 USD.

What is the predicted price of a Mount Vernon home in 2035?

The predicted home sales price of a Mount Vernon home in 2035 in Mount Vernon is 177,230 USD.

Will real estate prices decrease in Mount Vernon?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Mount Vernon is the 2796. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Jefferson, Mount Vernon decreased, looking at the past 12 months.

According to Walletinvestor's Mount Vernon real estate market research, home values will increase in the next 12 months.

Median home values decreased by 15.494% to 105,872 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 23.892% in 2021
  • 24.492% in 2022
  • 23.042% in 2023
  • 23.572% in 2024
  • 26.052% in 2025
  • 23.452% in 2026

Based on our Mount Vernon real estate market research and report the predicted sales prices will increase by 797.720% in the next 10 years.

Over the last 12 months, the value of homes in Mount Vernon fluctuated: decreasing 4 times.

Mount Vernon (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Mount Vernon Housing Market Forecast with Real Estate Prices for 2025
August 2025 123458 112717 134198
September 2025 123787 116731 130843
October 2025 125215 113194 137236
November 2025 126845 115556 138135
December 2025 128037 118562 137512
Mount Vernon Housing Market Forecast with Real Estate Prices for 2026
January 2026 128105 121315 134894
February 2026 128381 117982 138780
March 2026 128678 116196 141160
April 2026 128817 119929 137706
May 2026 129355 117972 140738
June 2026 130488 123441 137534
July 2026 131854 120383 143326
August 2026 132901 121737 144065
September 2026 133416 126745 140087
October 2026 134317 125049 143585
November 2026 134981 124317 145644
December 2026 135070 125885 144254
Mount Vernon Housing Market Forecast with Real Estate Prices for 2027
January 2027 134849 126084 143614
February 2027 135770 126673 144866
March 2027 137537 130385 144689
April 2027 139123 129384 148862
May 2027 139874 127565 152183
June 2027 139130 127443 150817
July 2027 138352 125485 151218
August 2027 137622 128952 146293
September 2027 138122 127624 148619
October 2027 138496 125477 151514
November 2027 138794 125609 151980
December 2027 138745 129588 147902
Mount Vernon Housing Market Forecast with Real Estate Prices for 2028
January 2028 138933 128235 149630
February 2028 139099 131866 146333
March 2028 139476 129295 149658
April 2028 140555 129170 151940
May 2028 142162 128514 155809
June 2028 144013 133644 154382
July 2028 145731 132615 158847
August 2028 146912 134130 159693
September 2028 146591 135304 157879
October 2028 145785 131790 159781
November 2028 144253 132569 155938
December 2028 142737 132603 152871
Mount Vernon Housing Market Forecast with Real Estate Prices for 2029
January 2029 141237 128102 154372
February 2029 141052 128357 153747
March 2029 142296 132762 151829
April 2029 144148 130166 158131
May 2029 146025 137556 154495
June 2029 147741 140058 155423
July 2029 148089 135353 160824
August 2029 147219 132497 161941
September 2029 146752 136919 156584
October 2029 146256 131631 160882
November 2029 145681 131405 159958
December 2029 145932 135133 156730
Mount Vernon Housing Market Forecast with Real Estate Prices for 2030
January 2030 146321 134323 158320
February 2030 148009 134984 161034
March 2030 149936 137941 161931
April 2030 151345 138027 164663
May 2030 151425 141128 161721
June 2030 151751 143253 160249
July 2030 152102 137348 166856
August 2030 152267 142674 161860
September 2030 152902 138988 166816
October 2030 154241 144061 164421
November 2030 155857 141206 170507
December 2030 157094 148297 165892
Mount Vernon Housing Market Forecast with Real Estate Prices for 2031
January 2031 157703 145245 170162
February 2031 158768 149559 167976
March 2031 159553 150139 168966
April 2031 159658 151675 167641
May 2031 159397 149993 168801
June 2031 160485 146523 174447
July 2031 162574 154283 170866
August 2031 164449 153102 175796
September 2031 165337 154094 176580
October 2031 164457 149985 178929
November 2031 163537 154216 172859
December 2031 162675 146733 178617
Mount Vernon Housing Market Forecast with Real Estate Prices for 2032
January 2032 163265 148081 178449
February 2032 163707 152739 174676
March 2032 164060 153561 174560
April 2032 164002 153013 174990
May 2032 164224 150593 177854
June 2032 164421 148637 180205
July 2032 164867 156129 173605

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.