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Studio Homes for Sale in Mount Vernon, IA

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    $591,500

    • Land
    • 35 Acres
    • $16,900 per Acre

    0 Linn Ridge Rd Unit 22878079, Mount Vernon, IA 52314

    Located just outside of Cedar Rapids on the east side, this 35-acre parcel offers multiple possibilities. Currently being used as crop ground, this land has the potential to be the perfect place for a custom home, developed into your dream homestead, or it could serve as an investment property. There are unobstructed views to both the east and the west allowing the multiple build sites the

    Grant Olson Prime Land Auction, LLC

    0 Linn Ridge Rd Unit 22878079, Mount Vernon, IA 52314
  • /12

    $1,392,000

    • Land
    • 96 Acres
    • $14,500 per Acre

    0 Linn Ridge Rd Unit 22877791, Mount Vernon, IA 52314

    PRICE REDUCED!!!Located just outside of Cedar Rapids on the east side, this 96-acre parcel offers multiple possibilities. Currently being used as crop ground, this land has the potential to be the perfect place for a custom home, developed into your dream homestead, or it could serve as an investment property. There are unobstructed views to both the east and the west allowing the

    Grant Olson Prime Land Auction, LLC

    0 Linn Ridge Rd Unit 22877791, Mount Vernon, IA 52314
  • /6

    $763,200

    • Land
    • 48 Acres
    • $15,900 per Acre

    0 Linn Ridge Rd Unit 22877805, Mount Vernon, IA 52314

    PRICE REDUCED!!!!Located just outside of Cedar Rapids on the east side, this 48-acre parcel offers multiple possibilities. Currently being used as crop ground, this land has the potential to be the perfect place for a custom home, developed into your dream homestead, or it could serve as an investment property. There are unobstructed views to both the east and the west allowing the

    Grant Olson Prime Land Auction, LLC

    0 Linn Ridge Rd Unit 22877805, Mount Vernon, IA 52314

Why Live in Mount Vernon

Mount Vernon is a historic college town in the rural reaches of Eastern Iowa, about 15 miles from Cedar Rapids, home to Cornell College. Cozy coffee shops, colorful Victorian architecture and a lively downtown district have made it a highly ...

Frequently Asked Questions

What is the average home price in Mount Vernon, IA?
Homes for sale in Mount Vernon, IA have an average home price of $285,542.
Are home prices dropping in Mount Vernon?
Yes, home prices in Mount Vernon are down 8% in the last 12 months.
How many homes have sold over the last 12 months in Mount Vernon, IA?
96 homes have sold in Mount Vernon, IA over the last 12 months.
What are the most popular zip codes in Mount Vernon, IA?
The most popular zip codes in Mount Vernon, IA include 52253, 52314, 52403, 52404 and 52240.
How much do you need to make to afford a house in Mount Vernon?
The median home price in Mount Vernon is $279,000. If you put a 20% down payment of $55,800 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $1,370 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $59K a year to afford the median home price in Mount Vernon. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Mount Vernon, IA?
Mount Vernon, IA has highly rated public and private schools. Some of the best schools in Mount Vernon based on Niche Grades are Mount Vernon Middle School, Washington Elementary School and Lisbon Elementary School. Browse all the schools in Mount Vernon, IA to learn more.

Home Trends in Mount Vernon, IA

Housing Trends

Median Sale Price
$285,000
Median Single Family Sale Price
$265,000
Average Price Per Sq Ft
$178
Number of Homes for Sale
53
Last 12 months Home Sales
96
Months of Supply
6.60
Median List Price
$279,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-17%
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