Markets/Illinois/Mount Vernon

Mount Vernon, IL Real Estate Market 2026

Investor-grade market analytics for Mount Vernon, Illinois. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$148,119

+8.1% year-over-year

Est. Rental Yield

7.4%

gross annual

12-Month Forecast

+7.8%

base case (Zillow ZHVF)

+7.8% year-over-year

Climate Risk

25/100

Low

Market Momentum

❄️
Cooling
4.3mo supply · Score -2/7

Net migration: Bottom 45% nationally

Income Migration

💰 Wealth Influx1.12x

In-migrants avg $46,659 AGI vs out-migrants $41,536

🏛️

Opportunity Zone Market

1 ZIP codes in Mount Vernon are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Mount Vernon Market Summary

Mount Vernon, IL is experiencing strong growth with 8.1% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 2.42x, below the national average of 4.8x. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 7.44% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score100/100
Price-to-Income Ratio2.4x (national avg 4.8x)
Median Household Income$61,102

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+3.9%
Base Case+7.8%
Bull Case+11.7%

Climate & Natural Hazard Risk

Mount Vernon, IL's primary climate exposure is wind storms (70/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Mount Vernon dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.