Mount Vernon, AL—36560
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Vernon, AL
As of Oct '25, the median home price in Mount Vernon, AL is $94,000, with a year-over-year change of -15.3%. This indicates that home prices in Mount Vernon, AL are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $94,000 | -15.3% |
| Single Family | $94,000 | -15.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $109,000 | -16.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mount Vernon, AL
Mount Vernon, AL 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 |
% of Rental Stock
Property Listings — Mount Vernon, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Vernon, AL is 62. This is a decrease of -45.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $135,000 | 70.0% |
Listing Count | 10 | 211.0% |
| Listings as % of Homes | 0.3% | 211.0% |
Days on Market | 62 | -45.0% |
Demographics — Mount Vernon, AL
As of the latest ACS Survey released in 2023, Mount Vernon, AL has a population of 3,000, which has decreased by -11.3% over the past 5 years. Mount Vernon, AL is a moderately popular place for families, as children make up 22.3% of the population. The area has a poorly educated workforce, with 14.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,000 | -11.3% |
% Under 18 | 22.3% | 13.8% |
% Seniors | 18.3% | -2.7% |
% WFH | 5.5% | -20.3% |
% w/ College Degree | 14.5% | 133.9% |
As of the latest ACS Survey released in 2023, Mount Vernon, AL is a predominantly black area, with 46.9% of the population identifying as black. The black population has grown by 26.1% in the last 5 years. The second most common race or ethnicity in Mount Vernon, AL is white, making up 25.2% of the population. Foreign-born residents account for 0.3% of the population in Mount Vernon, AL, and this percentage has decreased by 87.5% 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 | 25.2% | -7.4% |
% Black | 46.9% | 26.1% |
% Hispanic | 0.3% | 50.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.3% | -87.5% |
Mortgage and Risk — Mount Vernon, AL
According to HUD data as of 2023, there were 35 mortgage originations in Mount Vernon, AL, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Mount Vernon, AL. Investor activity is low, as 3.0% 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 | 35 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Mount Vernon, AL
Mount Vernon, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 8.0% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Mount Vernon, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $94,000 |
| Median Household Income | $43,000 |