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Saturday, November 23, 2024

Mount Vernon median home prices rose by 16.9% in 2021

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The median sale price of a home sold in 2021 in Mount Vernon rose by $21,200 while total sales decreased by 1.7%, according to BlockShopper.com.

From January through December of 2021, there were 226 homes sold, with a median sale price of $146,750 - a 16.9% increase over the $125,550 median sale price for the previous year. There were 230 homes sold in Mount Vernon in 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 2021.

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

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Gambier10911.1%$208,000$210,000-1%
Apple Valley16912733.1%$202,120$210,000-3.8%
Centerburg18180%$198,000$151,95530.3%
Mount Vernon226230-1.7%$146,750$125,55016.9%
Fredericktown43414.9%$130,000$115,00013%
Danville131030%$101,500$72,50040%

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