Mount Vernon, Baltimore, MD—21201
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Vernon, Baltimore, MD
As of Oct '25, the median home price in Mount Vernon, Baltimore, MD is $222,000, with a year-over-year change of 4.0%. This indicates that home prices in Mount Vernon, Baltimore, MD are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $222,000 | 4.0% |
| Single Family | $217,000 | 3.8% |
| Condos | $236,000 | 4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $196,000 | 7.1% |
2 Bed | $255,000 | 1.6% |
3 Bed | $247,000 | 3.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mount Vernon, Baltimore, MD
As of July '25, Rentcast reports the average rent in Mount Vernon, Baltimore, MD is $1,530, with a year-over-year rent change of -6.7%. Per bedroom, the median rent as of July '25 in Mount Vernon, Baltimore, MD is studios: $1,170, 1-bedrooms: $1,300, 2-bedrooms: $1,900, 3-bedrooms: $1,960, 4-bedrooms: $2,650. The most common rental property sizes in Mount Vernon, Baltimore, MD are 1-bedroom and 2-bedroom, accounting for 50.1% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,530 |
| Studio Rent | $1,160 | $1,170 |
| 1 Bed Rent | $1,280 | $1,300 |
| 2 Bed Rent | $1,850 | $1,900 |
| 3 Bed Rent | $1,750 | $1,960 |
| 4 Bed Rent | $2,700 | $2,650 |
% of Rental Stock
Property Listings — Mount Vernon, Baltimore, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Vernon, Baltimore, MD is 44. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $277,000 | -1.0% |
Listing Count | 46 | -17.0% |
| Listings as % of Homes | 0.3% | -17.0% |
Days on Market | 44 | -17.0% |
Demographics — Mount Vernon, Baltimore, MD
As of the latest ACS Survey released in 2023, Mount Vernon, Baltimore, MD has a population of 17,800, which has increased by 4.0% over the past 5 years. Mount Vernon, Baltimore, MD is a less popular place for families, as children make up 14.3% of the population. The area has a highly educated workforce, with 46.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,800 | 4.0% |
% Under 18 | 14.3% | 0.0% |
% Seniors | 11.7% | 14.7% |
% WFH | 20.5% | 583.3% |
% w/ College Degree | 46.5% | -13.4% |
As of the latest ACS Survey released in 2023, Mount Vernon, Baltimore, MD is a predominantly black area, with 60.9% of the population identifying as black. The black population has grown by 21.3% in the last 5 years. The second most common race or ethnicity in Mount Vernon, Baltimore, MD is white, making up 23.5% of the population. Foreign-born residents account for 11.2% of the population in Mount Vernon, Baltimore, MD, and this percentage has decreased by 11.1% 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 | 23.5% | -30.5% |
% Black | 60.9% | 21.3% |
% Hispanic | 4.9% | 22.5% |
% Asian | 5.0% | -37.5% |
% Foreign Born | 11.2% | -11.1% |
Mortgage and Risk — Mount Vernon, Baltimore, MD
According to HUD data as of 2023, there were 95 mortgage originations in Mount Vernon, Baltimore, MD, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Mount Vernon, Baltimore, MD. Investor activity is low, as 6.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 95 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 6.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Mount Vernon, Baltimore, MD
As of 2024, the percent of homes in Mount Vernon, Baltimore, MD under the Section 8 program is 31.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Mount Vernon, Baltimore, MD, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 3,969 |
Total Units Section 8 | 3,018 |
% Rentals under Section 8 | 31.6% |
% Occupied Section 8 | 89.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $390 | $1,280 | $1,670 |
| 2 Bedroom | $190 | $1,850 | $2,040 |
| 3 Bedroom | $880 | $1,750 | $2,630 |
| 4 Bedroom | $230 | $2,700 | $2,930 |
Affordability — Mount Vernon, Baltimore, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $222,000 |
| Median Household Income | $44,700 |