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Wednesday, September 10, 2025

Mount Vernon home prices rise in November 2018

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The median sale price of a home sold in November 2018 in Mount Vernon rose by $1,500 while total sales decreased by 5%, according to BlockShopper.com.

In November 2018, there were 19 homes sold, with a median sale price of $94,000 - a 1.6% increase over the $92,500 median sale price for the same period of the previous year. There were 20 homes sold in Mount Vernon in November 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 November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Centerburg110%$256,858$5,0005037.2%
Apple Valley13128.3%$141,000$148,700-5.2%
Gambier110%$117,000$87,50033.7%
Fredericktown34-25%$114,000$112,2501.6%
Mount Vernon1920-5%$94,000$92,5001.6%
Danville01-100%$0$110,500-100%

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