April: Home prices in Mount Vernon increased

Medium realestate5

The median sale price of a home sold in April in Mount Vernon rose by $45,000 while total sales decreased by 68 percent, according to BlockShopper.com.

In April, there were eight homes sold, with a median sale price of $170,000 - a 36 percent increase over the $125,000 median sale price for the same period of the previous year. There were 25 homes sold in Mount Vernon in April 2021.

The median sales tax in Mount Vernon for the most recent year with available data, 2019, was $1,259, approximately 0.7 percent of the median home sale price for April.

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Apple Valley1120-45$230,000$152,00051.3
Centerburg3250$190,000$161,25017.8
Fredericktown49-55.6$181,450$83,500117.3
Mount Vernon825-68$170,000$125,00036
Danville3250$115,000$59,50093.3
Gambier00-$0$0-

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