From July through September of 2020, there were 74 homes sold, with a median sale price of $129,950 - a 5.3% increase over the $123,375 median sale price for the same period of the previous year. There were 74 homes sold in Mount Vernon in the third quarter of 2019, as well.
The median sales tax in Mount Vernon for the most recent year with available data, 2019, was $1,259, approximately 1% of the median home sale price for the third quarter of 2020.
The following table compares Mount Vernon to other Knox County cities in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Gambier | 1 | 2 | -50% | $340,000 | $274,000 | 24.1% |
| Apple Valley | 41 | 51 | -19.6% | $225,000 | $180,000 | 25% |
| Centerburg | 6 | 4 | 50% | $163,205 | $199,900 | -18.4% |
| Mount Vernon | 74 | 74 | 0% | $129,950 | $123,375 | 5.3% |
| Fredericktown | 12 | 20 | -40% | $101,750 | $103,000 | -1.2% |
| Danville | 5 | 7 | -28.6% | $75,000 | $73,900 | 1.5% |
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