Mount Vernon, OH home prices
Typical home $288,647 · +4.6% in a year · income needed $83,800
The Mount Vernon, OH metro area ranks 345 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.6% in a year and +35.3% over five years. With 20% down at 7.11%, the typical home costs about $1,955 a month including 1.07% property tax (Knox County rate).
Mortgage on the typical Mount Vernon home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $57,729 | $230,918 | $1,553 | $0 | $402 | $1,955 | $83,800 |
| 10% down | $28,865 | $259,783 | $1,748 | $108 | $402 | $2,258 | $96,800 |
| 5% down | $14,432 | $274,215 | $1,845 | $114 | $402 | $2,361 | $101,200 |
| 3.5% down (FHA) | $10,103 | $283,419 | $1,907 | $128 | $402 | $2,436 | $104,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.07% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Mount Vernon area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Knox County, OH | $288,681 | +4.6% | 1.07% |
What can you afford in Ohio on your salary? · Ohio home prices · Salaries in Ohio
Frequently asked questions
How much is a house in Mount Vernon?
The typical home in the Mount Vernon, OH metro area is worth $288,647 (Zillow, September 2026).
What salary do you need to buy a house in Mount Vernon?
About $83,800 a year for the typical home with 20% down at 7.11%.