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MOUNT VERNON, IN 47620

Real Estate Market Report  ·  Posey County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The MOUNT VERNON, IN real estate market (47620) currently shows 53 active listings, with 21 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are selling faster, averaging 50 days on market compared to 74 days last year.

The median listing price has fallen 15.1% year-over-year, from $223,675 to $189,900.

Whether you are buying or selling in MOUNT VERNON, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 12,738  ·  Density: 23.6/mi²  ·  Median household income: $72,646

Typical home value: $196,475  ·  Homeownership: 74.2%

Market Overview

Active Listings
53
⇧ 43.2% vs 37 last year
Pending
21
40% pending ratio
Median Price
$189,900
⇩ 15.1% vs $223,675 last year
Average Price
$236,209
⇩ 3.1% vs $243,868 last year
Days on Market
50
⇩ 32.4% vs 74 days last year

Price Per Square Foot

Median $/sqft
$115
⇩ 10.9% vs $129/sqft last year
Median Home Size
1,733 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 53 this year vs 37 last year
  • Days on market: 50 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $189,900 (-15.1% YoY)
  • Average: $236,209 (-3.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.6 miles — 366 listings ($69,785,858 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47620Mount Vernon, IN 476200.0 mi48$12,173,376$239,900$253,612
62867New Haven, IL 6286710.8 mi4$435,900$113,500$108,975
47638Wadesville, IN 4763811.8 mi7$2,054,535$297,450$293,505
42406Corydon, KY 4240613.8 mi6$1,520,550$239,900$253,425
62821Carmi, IL 6282115.7 mi30$5,224,860$127,000$174,162
47633Poseyville, IN 4763317.5 mi2$694,900$347,450$347,450
47708Evansville, IN 4770818.3 mi2$923,700$461,850$461,850
47710Evansville, IN 4771019.0 mi57$8,449,509$124,250$148,237
62984Shawneetown, IL 6298419.3 mi4$775,268$170,000$193,817
62869Norris City, IL 6286920.7 mi6$1,103,448$156,125$183,908
47714Evansville, IN 4771421.0 mi106$14,548,076$104,675$137,246
42420Henderson, KY 4242023.2 mi89$21,443,571$199,250$240,939
62844Grayville, IL 6284423.6 mi5$438,165$74,900$87,633

Frequently Asked Questions

How many homes are for sale in MOUNT VERNON, IN 47620?

As of April 2026, there are 53 active listings in MOUNT VERNON, IN (zip code 47620), compared to 37 the prior year.

What is the median home price in MOUNT VERNON, IN 47620?

The median listing price in MOUNT VERNON, IN 47620 is $189,900 as of April 2026, a 15.1% decrease from $223,675 the prior year.

How long do homes stay on the market in MOUNT VERNON, IN?

Homes in MOUNT VERNON, IN 47620 spend an average of 50 days on the market before going under contract, compared to 74 days the prior year.

Is it a seller's or buyer's market in MOUNT VERNON, IN 47620?

Based on current inventory and days-on-market data as of April 2026, MOUNT VERNON, IN 47620 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 74 days last year.

How much can I save on real estate commission in MOUNT VERNON, IN?

With SELL123.com's maximum 3% commission, sellers in MOUNT VERNON, IN 47620 save an estimated $3,798 compared to a typical 5% commission on the median listing price of $189,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.