Explore Mount Vernon, VA - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$840,000

Market Insights

With only 1.5 months of inventory, Mount Vernon remains a seller's market. Home prices have decreased 8.7% in the past month. At the current pace, all available homes in Mount Vernon would sell out in just 1.5 months, indicating a continued supply shortage. Properties are selling within just 14 days on average, much faster than the historical norm of 36 days. The majority of homes (58.3%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Mount Vernon market with the affordability index at 352.8. Looking ahead, the Mount Vernon market is expected to maintain its current trajectory with relatively stable conditions.

Demographics market for - Mount Vernon, VA

Total Population -

13,970

White Population

63.51%

Black Population

13.77%

Mexican28.47% (4.41% of total population)
Puerto Rican6.65% (1.03% of total population)
Cuban1.06% (0.16% of total population)
Dominican0.32% (0.05% of total population)
Salvadoran31.15% (4.82% of total population)
Costa Rican1.34% (0.21% of total population)
Gautemalan2.54% (0.39% of total population)
Honduran17.74% (2.75% of total population)
Nicaraguan3.79% (0.59% of total population)
Panamanian0%
Argentinean0%
Bolivian2.59% (0.40% of total population)
Chilean1.11% (0.17% of total population)
Colombian1.85% (0.29% of total population)
Ecuadorian0.97% (0.15% of total population)
Peruvian0%
Uruguyan0.42% (0.06% of total population)
Venezuelan0%

Indian 5.27% (0.82% of total population)
Bangladeshi 2.96% (0.46% of total population)
Chinese 2.68% (0.42% of total population)
Bhutanese 0%
Burmese 0%
Filipino 10.58% (1.64% of total population)
Hmong 0%
Indonesian 0%
Japanese 1.94% (0.30% of total population)
Korean 2.68% (0.42% of total population)
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 9.15% (1.42% of total population)
Srilankan 0%
Taiwanese 0%
Pakistani 9.15% (1.42% of total population)
Srilankan 0%
Taiwanese 0%
Thai 0.55% (0.09% of total population)
Vietnamese 1.66% (0.26% of total population)

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Mount Vernon, VA

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Real Estate Market Prediction for - Mount Vernon, VA

City Hotspots
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