The housing market in Mount Vernon, OR is doing quite well compared to the US as a whole. The median value of houses in the area is $286,900, which is significantly lower than the US house median value of $338,100. However, over the past year, appreciation for the housing market in Mount Vernon has been much stronger than that of the US at 12.74%, compared to 8.27%. This shows that even though house prices in Mount Vernon may be lower than other parts of the country, it is still a good investment with healthy growth potential.
The median home cost in Mount Vernon is $286,900. Home appreciation the last 10 years has been 105.4%. Home Appreciation in Mount Vernon is up 15.2%.
Average Age of Homes
- The median age of Mount Vernon real estate is 47 years old
The Rental Market in Mount Vernon
- Renters make up 29.6% of the Mount Vernon population
- 0.0% 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.