In May 2018, there were three homes sold, with a median sale price of $180,000 - a 14.3% increase over the $157,450 median sale price for the same period of the previous year. There were six homes sold in Mount Vernon in May 2017.
The median sales tax in Mount Vernon for the most recent year with available data, 2017, was $3,654, approximately 2% of the median home sale price for May 2018.
The following table compares Mount Vernon to other Linn County cities with similar median sales prices in May 2018:
| City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Fairfax | 6 | 7 | -14.3% | $214,500 | $137,000 | 56.6% |
| Hiawatha | 9 | 12 | -25% | $213,000 | $147,000 | 44.9% |
| Ely | 5 | 10 | -50% | $194,172 | $201,700 | -3.7% |
| Marion | 88 | 121 | -27.3% | $190,000 | $188,888 | 0.6% |
| Springville | 2 | 6 | -66.7% | $185,000 | $149,500 | 23.7% |
| Mount Vernon | 3 | 6 | -50% | $180,000 | $157,450 | 14.3% |
| Central City | 7 | 6 | 16.7% | $138,000 | $103,750 | 33% |
| Cedar Rapids | 295 | 301 | -2% | $135,000 | $122,000 | 10.7% |
| Walker | 2 | 2 | 0% | $117,500 | $128,500 | -8.6% |
| Coggon | 5 | 6 | -16.7% | $116,500 | $120,000 | -2.9% |
| Center Point | 9 | 12 | -25% | $111,801 | $131,000 | -14.7% |
Alerts Sign-up