Current Price

$289,614

1 Month Forecast

â–² $295,214

1-Year Forecast *

â–² $311,232

5-Year Forecast *

â–² $348,633

"Is it a good time to buy homes in Mount Vernon?" "Does investing in real estate in Mount Vernon (South Dakota State, Davison County) worth it?" According to our live Forecast System, buying a house in Mount Vernon is a acceptable 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 South Dakota State, Davison 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 289,614 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Mount Vernon" area is 348,633 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +20.38% meaning that investing 100000 USD today may yield a profit of 20,378 USD by 2031.

Current Median Listing Price: 289,614 USD Median Listing Price Per Square Foot: 161 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 (South Dakota 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: $311,232* (upside of 7.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $293,968 $293,785 $292,426 $295,387
2024 $275,550 $289,614 $275,550 $289,614
2023 $260,577 $276,811 $259,289 $277,941
2022 $242,903 $262,749 $242,903 $265,929
2021 $211,667 $238,885 $211,667 $238,885
2020 $185,600 $207,587 $185,600 $207,587
2019 $183,486 $184,283 $181,155 $184,283
2018 $176,856 $183,924 $176,035 $183,924
2017 $170,665 $177,340 $170,665 $177,340
2016 $160,383 $170,189 $160,383 $170,189
2015 $154,322 $160,366 $153,488 $160,366
2014 $0 $154,926 $0 $154,926
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

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 $289,614 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 161 USD.

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

Yes. The Mount Vernon home prices may rise from 289,614 USD to 311,232 USD in one year.

Is it profitable to invest in Mount Vernon homes?

Yes. The long-term profit potential is +7.46% 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 335,964 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 390,732 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 19422. largest city in the United States, located in South Dakota State.

During the last 12 months the real estate prices in Davison, 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 1.857% to 289,614 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 6.754% in 2021
  • 7.434% in 2022
  • 6.544% in 2023
  • 7.494% in 2024
  • 5.604% in 2025
  • 8.484% in 2026

Based on our Mount Vernon real estate market research and report the predicted sales prices will increase by 105.423% in the next 10 years.

Over the last 12 months, the value of homes in Mount Vernon fluctuated: increasing 1 times and decreasing 3 times.

Mount Vernon (South Dakota) 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 295214 276615 313812
September 2025 296649 266984 326314
October 2025 298092 277822 318362
November 2025 299541 280071 319012
December 2025 300998 274209 327787
Mount Vernon Housing Market Forecast with Real Estate Prices for 2026
January 2026 302462 283407 321517
February 2026 303774 277650 329899
March 2026 305251 282968 327535
April 2026 306736 284958 328514
May 2026 308227 286960 329495
June 2026 309726 282470 336982
July 2026 311232 286956 335509
August 2026 312746 293668 331823
September 2026 314267 294782 333751
October 2026 315795 288952 342638
November 2026 317331 290358 344304
December 2026 316568 296941 336195
Mount Vernon Housing Market Forecast with Real Estate Prices for 2027
January 2027 315768 284823 346714
February 2027 315626 290061 341192
March 2027 315514 299108 331921
April 2027 314717 283560 345874
May 2027 313922 295401 332443
June 2027 313129 283382 342876
July 2027 314360 296128 332593
August 2027 315889 294409 337370
September 2027 317425 286952 347898
October 2027 318969 297598 340340
November 2027 320520 303532 337508
December 2027 322079 297601 346557
Mount Vernon Housing Market Forecast with Real Estate Prices for 2028
January 2028 322845 293466 352224
February 2028 323108 299198 347018
March 2028 322758 297261 348256
April 2028 321943 297153 346733
May 2028 321130 305073 337186
June 2028 321606 305526 337686
July 2028 323170 292469 353871
August 2028 324741 301685 347798
September 2028 326070 304223 347916
October 2028 326341 293707 358975
November 2028 326116 302309 349922
December 2028 326751 299631 353871
Mount Vernon Housing Market Forecast with Real Estate Prices for 2029
January 2029 328251 306586 349916
February 2029 329847 310716 348978
March 2029 331451 309244 353659
April 2029 333063 309083 357044
May 2029 334683 304227 365139
June 2029 336298 311076 361520
July 2029 335964 316142 355786
August 2029 335115 311992 358238
September 2029 334268 312541 355996
October 2029 333985 306933 361038
November 2029 335537 303326 367749
December 2029 337169 308172 366165
Mount Vernon Housing Market Forecast with Real Estate Prices for 2030
January 2030 338809 321190 356427
February 2030 340456 322412 358500
March 2030 342112 324322 359901
April 2030 343775 319367 368183
May 2030 345447 327829 363065
June 2030 346946 328905 364987
July 2030 348633 321091 376175
August 2030 350328 320200 380457
September 2030 352032 334430 369634
October 2030 353744 328982 378506
November 2030 355464 328804 382124
December 2030 357193 330403 383982
Mount Vernon Housing Market Forecast with Real Estate Prices for 2031
January 2031 358930 337035 380824
February 2031 360675 341920 379430
March 2031 362429 330898 393960
April 2031 361558 331911 391206
May 2031 360645 329629 391660
June 2031 360483 339575 381391
July 2031 360355 331166 389543
August 2031 359444 335361 383527
September 2031 358536 323041 394031
October 2031 357630 335815 379445
November 2031 359037 324569 393504
December 2031 360783 340579 380987
Mount Vernon Housing Market Forecast with Real Estate Prices for 2032
January 2032 362537 342960 382114
February 2032 364300 344264 384337
March 2032 366072 345938 386206
April 2032 367852 343574 392130
May 2032 368727 342179 395276
June 2032 369028 340982 397074
July 2032 368628 336189 401068

> 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.