Compare Mount Vernon, WA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Mount Vernon.
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August 12, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Mount Vernon. Understand how much you need to earn to afford a home in Mount Vernon, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Mount Vernon fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Mount Vernon is right for you.
The median home value for Mount Vernon, WA (Skagit County) is $522,422
Based on current mortgage rates and a 10% down payment, you need to make $108,986 per year to buy the median priced home in Mount Vernon
With this income, you could qualify for a $470,180 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Mount Vernon is $2,524
The median household income for Mount Vernon, WA (Skagit County) is $73,709
Based on this income, you can afford a home valued at approximately $353,322
The home price you can afford to buy based on household income in Mount Vernon is 68% of the median home value which means housing prices are very expensive. Mount Vernon (Skagit County) ranks 34 out of 39 counties in Washington and 3,075 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Mount Vernon, WA is very expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Mount Vernon (Skagit County) below.
Conforming loan limits for Mount Vernon, WA
FHA loan limits for Mount Vernon, WA