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Thursday, December 26, 2024

Mount Vernon home prices rise in June 2018

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The median sale price of a home sold in June 2018 in Mount Vernon rose by $24,500 while total sales decreased by 6.7%, according to BlockShopper.com.

In June 2018, there were 14 homes sold, with a median sale price of $192,500 - a 14.6% increase over the $168,000 median sale price for the same period of the previous year. There were 15 homes sold in Mount Vernon in June 2017.

The median sales tax in Mount Vernon for the most recent year with available data, 2017, was $3,654, approximately 1.9% of the median home sale price for June 2018.

The following table compares Mount Vernon to other Linn County cities with similar median sales prices in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Lisbon59-44.4%$255,000$200,00027.5%
Walford110%$239,900$272,900-12.1%
Ely8560%$231,250$244,000-5.2%
Robins711-36.4%$230,000$270,000-14.8%
Mount Vernon1415-6.7%$192,500$168,00014.6%
Bertram12-50%$189,950$414,026-54.1%
Center Point13862.5%$182,500$149,00022.5%
Palo69-33.3%$179,500$154,90015.9%
Marion134140-4.3%$167,750$167,431.500.2%
Hiawatha141216.7%$160,750$228,500-29.6%
Walker21100%$159,050$97,50063.1%

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