Mount Vernon, KY 40456 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Mount Vernon, KY—40456

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$154,000

5.9% YoY Growth

Household Income

$46,900

27.1% YoY Growth

Days on Market

86

34.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in Mount Vernon, KY

40460

Home Price Trends — Mount Vernon, KY

Mount Vernon, KY lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$154,000	5.9%
Single Family	$154,000	4.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Mount Vernon, KY

Mount Vernon, KY lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

2.6%

1 Bedroom

14.1%

2 Bedrooms

45.4%

3 Bedrooms

36.2%

4 Bedrooms

1.4%

5+ Bedrooms

0.3%

Property Listings — Mount Vernon, KY

As of Dec '25, Realtor.com reports that the median days on market for a home in Mount Vernon, KY is 84. This is a increase of 5.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$257,000	20.0%
Listing Count	23	13.0%
Listings as % of Homes	0.2%	13.0%
Days on Market	86	34.0%

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Demographics — Mount Vernon, KY

As of the latest ACS Survey released in 2023, Mount Vernon, KY has a population of 8,320, which has decreased by -15.5% over the past 5 years. Mount Vernon, KY is a moderately popular place for families, as children make up 19.7% of the population. The area has a poorly educated workforce, with 17.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,320	-15.5%
% Under 18	19.7%	-5.3%
% Seniors	21.1%	13.4%
% WFH	7.0%	233.3%
% w/ College Degree	17.4%	41.5%

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As of the latest ACS Survey released in 2023, Mount Vernon, KY is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Mount Vernon, KY is hispanic, making up 1.7% of the population. Foreign-born residents account for 0.6% of the population in Mount Vernon, KY, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	94.9%	-1.7%
% Black	0.1%	-66.7%
% Hispanic	1.7%	21.4%
% Asian	0.6%	∞%
% Foreign Born	0.6%	100.0%

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Mortgage and Risk — Mount Vernon, KY

According to HUD data as of 2023, there were 139 mortgage originations in Mount Vernon, KY, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Mount Vernon, KY. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	139
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Mount Vernon, KY

Mount Vernon, KY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	122
Total Units Section 8	92
% Rentals under Section 8	N/A
% Occupied Section 8	93.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$720
2 Bedroom	N/A	N/A	$870
3 Bedroom	N/A	N/A	$1,160
4 Bedroom	N/A	N/A	$1,220

Mount Vernon, KY—40456

Key Metrics at a Glance

Other Zip Codes in Mount Vernon, KY

Home Price Trends — Mount Vernon, KY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mount Vernon, KY

% of Rental Stock

Property Listings — Mount Vernon, KY

Demographics — Mount Vernon, KY

Race and Ethnicity

Mortgage and Risk — Mount Vernon, KY

Mortgages

Rentals and Section 8 — Mount Vernon, KY

Section 8 Market Size

Section 8 Opportunity

Affordability — Mount Vernon, KY

Home Price to Income Ratio

Mount Vernon, KY — ZIP Code Boundary Map

Nearby ZIP Codes

Mount Vernon, KY

Brodhead, KY

East Bernstadt, KY

Crab Orchard, KY

East Bernstadt, KY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$154,000
Median Household Income	$46,900

Mount Vernon, KY—40456

Key Metrics at a Glance

Other Zip Codes in Mount Vernon, KY

Home Price Trends — Mount Vernon, KY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mount Vernon, KY

% of Rental Stock

Property Listings — Mount Vernon, KY

Demographics — Mount Vernon, KY

Race and Ethnicity

Mortgage and Risk — Mount Vernon, KY

Mortgages

Rentals and Section 8 — Mount Vernon, KY

Section 8 Market Size

Section 8 Opportunity

Affordability — Mount Vernon, KY

Home Price to Income Ratio

Mount Vernon, KY — ZIP Code Boundary Map

Nearby ZIP Codes

Mount Vernon, KY

Brodhead, KY

East Bernstadt, KY

Crab Orchard, KY

East Bernstadt, KY

Frequently Asked Questions

What is the average home price in Mount Vernon, KY 40456?

How have home prices in Mount Vernon, KY 40456 changed over the past year?

What is the home price projection for Mount Vernon, KY 40456?

What are the demographics of Mount Vernon, KY 40456?

How long does it take homes to sell in Mount Vernon, KY 40456?

What is the average rent price in Mount Vernon, KY 40456?