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Monday, November 25, 2024

Mount Vernon median home prices rose by 19.1% in August 2021

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The median sale price of a home sold in August 2021 in Mount Vernon rose by $24,500 while total sales decreased by 18.5%, according to BlockShopper.com.

In August 2021, there were 22 homes sold, with a median sale price of $152,500 - a 19.1% increase over the $128,000 median sale price for the same period of the previous year. There were 27 homes sold in Mount Vernon in August 2020.

The median sales tax in Mount Vernon for the most recent year with available data, 2019, was $1,259, approximately 0.8% of the median home sale price for August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Apple Valley141216.7%$234,500$227,5003.1%
Centerburg5366.7%$207,000$130,00059.2%
Fredericktown3250%$163,000$203,500-19.9%
Gambier21100%$161,500$340,000-52.5%
Mount Vernon2227-18.5%$152,500$128,00019.1%
Danville21100%$117,500$123,000-4.5%

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