Mount Vernon, VA 22309 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Mount Vernon, VA—22309

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$593,000

0.8% YoY Growth

Household Income

$102,000

19.1% YoY Growth

Days on Market

24.0% Longer YoY

Home Price Forecast

-1.3%

Median Rent

$2,600

25.4% YoY Growth

1-Bed Rent

$1,650

10.1% YoY Growth

2-Bed Rent

$1,950

2.3% YoY Growth

3-Bed Rent

$3,000

17.0% YoY Growth

Home Price Trends — Mount Vernon, VA

As of May '26, the median home price in Mount Vernon, VA is $593,000, with a year-over-year change of -0.8%. This indicates that home prices in Mount Vernon, VA are flat. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$593,000	-0.8%
Single Family	$700,000	-0.8%
Condos	$278,000	0.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Mount Vernon, VA

As of July '25, Rentcast reports the average rent in Mount Vernon, VA is $2,960, with a year-over-year rent change of 25.4%. Per bedroom, the median rent as of July '25 in Mount Vernon, VA is 1-bedrooms: $1,520, 2-bedrooms: $2,120, 3-bedrooms: $3,030, 4-bedrooms: $4,170. The most common rental property sizes in Mount Vernon, VA are 2-bedroom and 1-bedroom, accounting for 39.9% and 26.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,600	$2,960
Studio Rent	N/A	N/A
1 Bed Rent	$1,650	$1,520
2 Bed Rent	$1,950	$2,120
3 Bed Rent	$3,000	$3,030
4 Bed Rent	$3,950	$4,170

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% of Rental Stock

Studio

3.9%

1 Bedroom

26.9%

2 Bedrooms

39.9%

3 Bedrooms

21.5%

4 Bedrooms

6.5%

5+ Bedrooms

1.3%

Property Listings — Mount Vernon, VA

As of May '26, Realtor.com reports that the median days on market for a home in Mount Vernon, VA is 22. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$696,000	-2.0%
Listing Count	109	31.0%
Listings as % of Homes	0.5%	31.0%
Days on Market	22	24.0%

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Demographics — Mount Vernon, VA

As of the latest ACS Survey released in 2023, Mount Vernon, VA has a population of 34,900, which has decreased by -3.8% over the past 5 years. Mount Vernon, VA is a popular place for families, as children make up 25.4% of the population. The area has a moderately educated workforce, with 44.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	34,900	-3.8%
% Under 18	25.4%	-6.6%
% Seniors	14.7%	44.1%
% WFH	16.2%	295.1%
% w/ College Degree	44.2%	13.0%

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As of the latest ACS Survey released in 2023, Mount Vernon, VA is a predominantly hispanic area, with 35.6% of the population identifying as hispanic. The hispanic population has grown by 8.9% in the last 5 years. The second most common race or ethnicity in Mount Vernon, VA is white, making up 28.8% of the population. Foreign-born residents account for 30.8% of the population in Mount Vernon, VA, and this percentage has decreased by 9.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	28.8%	-5.6%
% Black	26.1%	12.0%
% Hispanic	35.6%	8.9%
% Asian	6.7%	-18.3%
% Foreign Born	30.8%	-9.4%

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Mortgage and Risk — Mount Vernon, VA

According to HUD data as of 2023, there were 466 mortgage originations in Mount Vernon, VA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Mount Vernon, VA. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	466
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Mount Vernon, VA

As of 2024, the percent of homes in Mount Vernon, VA under the Section 8 program is 8.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Mount Vernon, VA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	347
Total Units Section 8	347
% Rentals under Section 8	8.3%
% Occupied Section 8	90.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$170	$1,650	$1,820
2 Bedroom	$100	$1,950	$2,050
3 Bedroom	-$440	$3,000	$2,560
4 Bedroom	-$930	$3,950	$3,020

Mount Vernon, VA—22309

Key Metrics at a Glance

Home Price Trends — Mount Vernon, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mount Vernon, VA

% of Rental Stock

Property Listings — Mount Vernon, VA

Demographics — Mount Vernon, VA

Race and Ethnicity

Mortgage and Risk — Mount Vernon, VA

Mortgages

Rentals and Section 8 — Mount Vernon, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Mount Vernon, VA

Home Price to Income Ratio

Mount Vernon, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Alexandria, VA

Fort Hunt, VA

Fort Belvoir, VA

Alexandria, VA

Rose Hill, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.3
Median Home Price	$593,000
Median Household Income	$102,000

Mount Vernon, VA—22309

Key Metrics at a Glance

Home Price Trends — Mount Vernon, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mount Vernon, VA

% of Rental Stock

Property Listings — Mount Vernon, VA

Demographics — Mount Vernon, VA

Race and Ethnicity

Mortgage and Risk — Mount Vernon, VA

Mortgages

Rentals and Section 8 — Mount Vernon, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Mount Vernon, VA

Home Price to Income Ratio

Mount Vernon, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Alexandria, VA

Fort Hunt, VA

Fort Belvoir, VA

Alexandria, VA

Rose Hill, VA

Frequently Asked Questions

What is the average home price in Mount Vernon, VA 22309?

How have home prices in Mount Vernon, VA 22309 changed over the past year?

What is the home price projection for Mount Vernon, VA 22309?

What are the demographics of Mount Vernon, VA 22309?

How long does it take homes to sell in Mount Vernon, VA 22309?

What is the average rent price in Mount Vernon, VA 22309?