Markets/Illinois/Mount Vernon

Mount Vernon, IL Real Estate Market 2026

Investor-grade market analytics for Mount Vernon, Illinois. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$132,484

+4.4% year-over-year

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Market Momentum

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Cooling
3mo supply ยท Score -2/7

Migration: Top 55% nationally

Income Migration

๐Ÿ’ฐ Wealth Influx1.12x

In-migrants avg $46,659 AGI vs out-migrants $41,536

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Opportunity Zone Market

1 ZIP codes in Mount Vernon are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Mount Vernon Market Summary

Mount Vernon, IL shows steady growth at 4.4% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 2.17x, below the national average of 4.8x. Climate risk remains low (25/100), favorable for long-term investment stability.

Affordability

Affordability Score100/100
Price-to-Income Ratio2.2x (national avg 4.8x)
Median Household Income$61,102

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Mount Vernon, IL's primary climate exposure is wind storms (70/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Mount Vernon dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.