Mount Vernon housing market
Typical home value
$576K
▲ 0.7% 1 yr
Typical rent
$2,185/mo
▲ 4.2% 1 yr
12-month forecast
+0.7%
#423 of 546 metros
Gross rent yield
4.5%
#466 of 546 · U.S. 6.3%
Days to pending
56 days
▲ +12 days 1 yr
Listings with a price cut
33%
▲ +4.6 pts 1 yr
Key takeaways
- 1The typical home is worth $576,334, up 0.7% in a year and up 13% over five years.
- 2Zillow forecasts home values rising 0.7% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $2,185/mo (+4.2% YoY), a 4.5% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $3,167/mo in principal and interest, $982 more than renting.
- 5Homes go under contract in 56 days (+12 days vs last year); 33% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 19/100, #539 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Mount Vernon compares
| Measure | Mount Vernon | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +0.7% | +1.2% | #393 |
| Home value, 5-yr change | +13.3% | +19.7% | |
| 12-month forecast | +0.7% | +1.1% | #423 |
| Rent, 1-yr change | +4.2% | +2.7% | #176 |
| Gross rent yield | 4.5% | 6.3% | #466 |
| Price-to-rent ratio | 22.0 | 15.8 | |
| Mortgage P&I on typical home | $3,167 | $2,012 | |
| Income needed to buy | $152,366 | $100,902 | |
| Days to pending | 56 | 56 |
Cities in the Mount Vernon metro
3 cities with home value and rent data.
| Mount Vernon | $582K | ▲ 0.8% | $2,402 | ▲ 4.4% | 4.9% |
| Anacortes | $713K | ▲ 0.5% | $2,550 | ▲ 2.5% | 4.3% |
| Burlington | $532K | ▲ 0.3% | $2,059 | ▲ 6.6% | 4.6% |
Run the numbers
Rental property calculator
Cash flow on a typical Mount Vernon rental ($576K, $2,185/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Mount Vernon home.
Rent vs buy
Is it cheaper to rent or buy in Mount Vernon?
Other Washington metros
Seattle, WA
$720K home$2,250 rent3.7% yield
▼ 1.6% 1 yr
Spokane, WA
$415K home$1,512 rent4.4% yield
▲ 0.2% 1 yr
Kennewick, WA
$437K home$1,695 rent4.7% yield
▲ 0.4% 1 yr
Olympia, WA
$521K home$2,043 rent4.7% yield
▲ 0.1% 1 yr
Bremerton, WA
$579K home$2,052 rent4.3% yield
▲ 1.1% 1 yr
Yakima, WA
$348K home$1,362 rent4.7% yield
▲ 0.5% 1 yr
Bellingham, WA
$608K home$1,951 rent3.9% yield
▲ 0.3% 1 yr
Wenatchee, WA
$518K home$1,756 rent4.1% yield
▲ 0.8% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.