Comprehensive market data and analysis• Updated Oct 2026
11.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 7 | 15 | 19 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 7 | 18 | 22 |
Acreage buckets
The median price for land in Mount Vernon, Iowa is currently $315K per acre. For a typical parcel, the median sale price is $77K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $61K while premium lots reached $95K.
Mount Vernon, Iowa is currently a buyer's market with 11.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Mount Vernon, Iowa currently has 11.6 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in Mount Vernon, Iowa averages $267K per acre. The median price per acre is $315K, which may be more representative of typical transactions. Most parcels sold are around 11,761 sq ft.
The 3-month absorption rate in Mount Vernon, Iowa is 8.6%. The 12-month rate is 6.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Mount Vernon, Iowa is 8.6% (3-month basis), indicating moderate demand. The top-performing broker in this market is SKOGMAN REALTY.
Land in Mount Vernon, Iowa typically sells within 305 days of listing. The median time on market is 269 days. Properties are moving slowly in the current buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Mount Vernon on LandyDandy.
Browse land in Mount Vernon →Land investors and realtors list on LandyDandy for free. The Starter plan has no listing limit, and your dashboard shows the views, saves and buyer messages for every listing.
List your land free
