From January through December of 2017, there were 256 homes sold, with a median sale price of $98,457 - a 5.9% increase over the $93,000 median sale price for the previous year. There were 240 homes sold in Mount Vernon in 2016.
The median sales tax in Mount Vernon for 2017 was $1,231. In 2016, the median sales tax was $1,126. This marks an increase of 9.4%. 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 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Apple Valley | 194 | 211 | -8.1% | $150,000 | $131,500 | 14.1% |
| Gambier | 9 | 3 | 200% | $142,500 | $185,000 | -23% |
| Centerburg | 28 | 24 | 16.7% | $102,109.50 | $138,950 | -26.5% |
| Mount Vernon | 256 | 240 | 6.7% | $98,456.50 | $93,000 | 5.9% |
| Fredericktown | 41 | 39 | 5.1% | $90,500 | $89,900 | 0.7% |
| Danville | 10 | 21 | -52.4% | $49,000 | $56,500 | -13.3% |
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