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Thursday, November 21, 2024

Mount Vernon home prices fell in May 2021

Realestate2

The median sale price of a home sold in May 2021 in Mount Vernon fell by $2,000 while total sales remained unchanged with 19 homes sold, according to BlockShopper.com.

In May 2021, there were 19 homes sold, with a median sale price of $127,000 - a 1.6% decrease over the $129,000 median sale price for the same period of the previous year. There were 19 homes sold in Mount Vernon in May 2020, 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 May 2021.

The following table compares Mount Vernon to other Knox County cities in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Apple Valley1014-28.6%$187,500$161,00016.5%
Mount Vernon19190%$127,000$129,000-1.6%
Centerburg10-$115,000$0-
Gambier01-100%$0$325,000-100%
Danville01-100%$0$25,000-100%
Fredericktown03-100%$0$175,000-100%

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