From January through December of 2018, there were 239 homes sold, with a median sale price of $100,000 - a 1.6% increase over the $98,457 median sale price for the previous year. There were 256 homes sold in Mount Vernon in 2017.
The median sales tax in Mount Vernon for 2018 was $1,257. In 2017, the median sales tax was $1,231. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.
The following table compares Mount Vernon to other Knox County cities in 2018:
| City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Gambier | 8 | 9 | -11.1% | $196,500 | $142,500 | 37.9% |
| Centerburg | 23 | 28 | -17.9% | $159,000 | $102,109.50 | 55.7% |
| Apple Valley | 197 | 194 | 1.5% | $159,000 | $150,000 | 6% |
| Fredericktown | 44 | 41 | 7.3% | $107,415 | $90,500 | 18.7% |
| Mount Vernon | 239 | 256 | -6.6% | $100,000 | $98,456.50 | 1.6% |
| Danville | 13 | 10 | 30% | $73,500 | $49,000 | 50% |
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