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Sunday, September 22, 2024

Mount Vernon median home prices rose by 54.4% in November 2021

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The median sale price of a home sold in November 2021 in Mount Vernon rose by $49,000 while total sales decreased by 47.4%, according to BlockShopper.com.

In November 2021, there were 10 homes sold, with a median sale price of $139,000 - a 54.4% increase over the $90,000 median sale price for the same period of the previous year. There were 19 homes sold in Mount Vernon in November 2020.

The median sales tax in Mount Vernon for the most recent year with available data, 2019, was $1,259, approximately 0.9% of the median home sale price for November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Apple Valley151136.4%$236,800$262,000-9.6%
Centerburg220%$212,500$130,25063.1%
Fredericktown330%$171,500$145,00018.3%
Mount Vernon1019-47.4%$139,000$90,00054.4%
Danville10-$101,500$0-
Gambier00-$0$0-

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