Comprehensive market data and analysis• Updated Dec 2025
14.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 2 |
| 1-2 acres | 2 | 2 | 2 | 2 |
| 2-5 acres | - | 1 | 2 | 4 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | 1 | 1 | 3 |
| 20-50 acres | 1 | 1 | 1 | 3 |
| 50-100 acres | - | 1 | 1 | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 7 | 10 | 17 |
Acreage buckets
The median price for land in Mount Vernon, Ohio is currently $21K per acre. For a typical parcel, the median sale price is $185K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $525K.
Mount Vernon, Ohio is currently a strong buyer's market with 14.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Mount Vernon, Ohio currently has 14.2 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Mount Vernon, Ohio averages $41K per acre. The median price per acre is $21K, which may be more representative of typical transactions. Most parcels sold are around 5.0 acres.
The 3-month absorption rate in Mount Vernon, Ohio is 7.0%. The 12-month rate is 4.6%. 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, Ohio is 7.0% (3-month basis), indicating slow demand. The top-performing broker in this market is Re/Max Stars.
Land in Mount Vernon, Ohio typically sells within 40 days of listing. The median time on market is 33 days. Properties are moving quickly in the current strong 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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.