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Friday, November 22, 2024

How did home prices perform in Mount Vernon during February 2022?

Realestate5

The median sale price of a home sold in February 2022 in Mount Vernon rose by $37,000 while total sales increased by 125%, according to BlockShopper.com.

In February 2022, there were 18 homes sold, with a median sale price of $135,000 - a 37.8% increase over the $98,000 median sale price for the same period of the previous year. There were eight homes sold in Mount Vernon in February 2021.

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 February 2022.

The following table compares Mount Vernon to other Knox County cities in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Apple Valley34-25%$234,777$150,00056.5%
Fredericktown220%$217,500$126,687.5071.7%
Mount Vernon188125%$135,000$98,00037.8%
Centerburg02-100%$0$220,000-100%
Gambier00-$0$0-
Danville00-$0$0-

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