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Hawkeye Reporter

Tuesday, November 26, 2024

Pricing for the median home in Mount Vernon increased during 2020

Realestate3

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The median sale price of a home sold in 2020 in Mount Vernon rose by $14,000 while total sales increased by 1.8%, according to BlockShopper.com.

From January through December of 2020, there were 57 homes sold, with a median sale price of $215,000 - a 7% increase over the $201,000 median sale price for the previous year. There were 56 homes sold in Mount Vernon in 2019.

The median sales tax in Mount Vernon for the most recent year with available data, 2017, was $3,654, approximately 1.7% of the median home sale price for 2020.

The following table compares Mount Vernon to other Linn County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Walford27-71.4%$314,750$250,00025.9%
Robins54531.9%$304,250$312,500-2.6%
Fairfax6076-21.1%$237,250$230,0003.2%
Ely4560-25%$234,900$250,000-6%
Mount Vernon57561.8%$215,000$201,0007%
Palo393318.2%$198,900$237,000-16.1%
Alburnett1113-15.4%$195,000$105,00085.7%
Center Point5886-32.6%$187,500$155,00021%
Marion772921-16.2%$187,000$172,5008.4%
Lisbon4157-28.1%$181,000$167,0008.4%
Hiawatha91121-24.8%$160,000$162,000-1.2%

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