From April through June of 2021, there were 18 homes sold, with a median sale price of $200,000 - a 33.9% decrease over the $302,500 median sale price for the same period of the previous year. There were eight homes sold in Mount Vernon in the second quarter of 2020.
The median sales tax in Mount Vernon for the most recent year with available data, 2017, was $3,654, approximately 1.8% of the median home sale price for the second quarter of 2021.
The following table compares Mount Vernon to other Linn County cities with similar median sale prices in the second quarter of 2021:
| City | Apr. - June 2021 Home Sales | Apr. - June 2020 Home Sales | % change (Total Home Sales) | Apr. - June 2021 Median Sales Price | Apr. - June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Walford | 1 | 2 | -50% | $365,000 | $314,750 | 16% |
| Palo | 9 | 10 | -10% | $280,000 | $194,450 | 44% |
| Ely | 10 | 10 | 0% | $267,475 | $239,200 | 11.8% |
| Center Point | 19 | 17 | 11.8% | $249,000 | $194,500 | 28% |
| Lisbon | 10 | 8 | 25% | $239,475 | $242,500 | -1.2% |
| Mount Vernon | 18 | 8 | 125% | $200,000 | $302,500 | -33.9% |
| Marion | 229 | 189 | 21.2% | $200,000 | $184,500 | 8.4% |
| Fairfax | 21 | 18 | 16.7% | $190,000 | $267,450 | -29% |
| Hiawatha | 42 | 19 | 121.1% | $181,000 | $150,000 | 20.7% |
| Cedar Rapids | 757 | 546 | 38.6% | $158,000 | $148,500 | 6.4% |
| Springville | 10 | 5 | 100% | $146,250 | $197,500 | -25.9% |
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