Commercial Real Estate Market in Mount Vernon, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 617 off-market properties in Mount Vernon, IN.
Market Trends
Mount Vernon, IN spans 208.8 square miles in Posey County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mount Vernon, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Mount Vernon, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Mount Vernon, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Mount Vernon, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Mount Vernon, IN has 12,989 residents in 5,803 households. Density runs 62 people per square mile. Median household income here is $74,869 and median gross rent $755 a month.
12,989
Population
5,803
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
95%
High-School Grad
208.8 sq mi
ZIP Area
62
Density / Sq Mi
$74,869
Median Household Income
$45,073
Median Earnings
$755
Median Rent
$215,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Solitude | — | — |
| Rising Sun | — | — |
| Wadesville | — | — |
| Uniontown | — | — |
Frequently Asked Questions
Where does Realmo's Mount Vernon market data come from?
Realmo compiles Mount Vernon, IN figures from 6 active sale listings, 2 active lease listings, 617 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 2 active for-lease listings in Mount Vernon, IN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
