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Wednesday, December 11, 2024

How did home prices perform in Mount Vernon during the third quarter of 2021?

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The median sale price of a home sold in the third quarter of 2021 in Mount Vernon rose by $20,050 while total sales decreased by 8.1%, according to BlockShopper.com.

From July through September of 2021, there were 68 homes sold, with a median sale price of $150,000 - a 15.4% increase over the $129,950 median sale price for the same period of the previous year. There were 74 homes sold in Mount Vernon in the third quarter of 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 the third quarter of 2021.

The following table compares Mount Vernon to other Knox County cities in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Apple Valley574139%$230,000$225,0002.2%
Gambier61500%$222,500$340,000-34.6%
Centerburg7616.7%$207,000$163,20526.8%
Mount Vernon6874-8.1%$150,000$129,95015.4%
Fredericktown912-25%$142,000$101,75039.6%
Danville6520%$117,500$75,00056.7%

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