In July 2020, there were five homes sold, with a median sale price of $115,000 - a 34.6% decrease over the $175,750 median sale price for the same period of the previous year. There were four homes sold in Mount Vernon in July 2019.
The median sales tax in Mount Vernon for the most recent year with available data, 2017, was $3,654, approximately 3.2% of the median home sale price for July 2020.
The following table compares Mount Vernon to other Linn County cities with similar median sales prices in July 2020:
| City | July 2020 Home Sales | July 2019 Home Sales | % change (Total Home Sales) | July 2020 Median Sales Price | July 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Marion | 71 | 103 | -31.1% | $190,000 | $165,000 | 15.2% |
| Hiawatha | 11 | 13 | -15.4% | $181,000 | $290,000 | -37.6% |
| Central City | 2 | 5 | -60% | $170,000 | $120,000 | 41.7% |
| Walker | 1 | 1 | 0% | $169,750 | $70,000 | 142.5% |
| Fairfax | 9 | 6 | 50% | $162,000 | $341,250 | -52.5% |
| Cedar Rapids | 189 | 271 | -30.3% | $151,000 | $145,000 | 4.1% |
| Coggon | 2 | 2 | 0% | $145,000 | $132,495 | 9.4% |
| Springville | 1 | 2 | -50% | $139,000 | $213,500 | -34.9% |
| Ely | 3 | 5 | -40% | $123,000 | $177,000 | -30.5% |
| Mount Vernon | 5 | 4 | 25% | $115,000 | $175,750 | -34.6% |
| Center Point | 2 | 9 | -77.8% | $98,000 | $221,000 | -55.7% |
Alerts Sign-up