Mount Vernon, OH has an impressive housing median value of $198,500, which is significantly lower than the US house median value of $338,100. This is an attractive feature for potential homeowners in the area. Moreover, housing appreciation in Mount Vernon has been higher than the US average at 14.03%, compared to 8.27% nationally. All these factors make Mount Vernon a prosperous place to invest in and settle down in terms of housing.
The median home cost in Mount Vernon is $198,500. Home appreciation the last 10 years has been 102.9%. Home Appreciation in Mount Vernon is up 19.8%.
Average Age of Homes
- The median age of Mount Vernon real estate is 57 years old
The Rental Market in Mount Vernon
- Renters make up 44.1% of the Mount Vernon population
- 4.8% of houses and apartments in Mount Vernon, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.