Mount Vernon Metro Area, IL Housing

The Housing Median Value in Mount Vernon, IL Metro Area is 97,400, which is substantially lower than the US House Median Value of 338,100. However, the 1 year House Appreciation in Mount Vernon, IL Metro Area has still been strong at 7.96%, slightly below the 8.27% of appreciation for the US overall. This shows that although house prices are lower in the Mount Vernon metro area compared to national averages, buyers can still benefit from a good appreciation rate on their investments.

The median home cost in Mount Vernon Metro Area is $97,400. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Mount Vernon Metro Area is up 11.3%.

Average Age of Homes

- The median age of Mount Vernon Metro Area real estate is 43 years old

The Rental Market in Mount Vernon Metro Area

- Renters make up 24.8% of the Mount Vernon Metro Area population
- 0.7% of houses and apartments in Mount Vernon Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mount Vernon, Illinois	United States
	16,657.0	139,647,020.0
	45	42
	$97,400	$338,100
	11.3%	16.6%
	35.2%	57.0%
	43.5%	101.1%
	$17.98	$10.98
	$1,838	$2,690
	62.8%	57.4%
	12.3%	11.2%
	24.9%	31.4%
Vacant Housing
	0.7%	1.9%
	0.6%	0.4%
	1.2%	0.7%
	0.3%	0.4%
	0.8%	3.6%
	8.7%	4.1%
Value of Owner-Occupied Housing
	6.4%	2.6%
	8.6%	2.4%
	8.7%	2.8%
	14.1%	3.9%
	11.3%	4.5%
	18.5%	11.3%
	14.9%	13.0%
	12.5%	20.1%
	3.4%	13.6%
	0.5%	8.3%
	0.8%	9.7%
	0.1%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	15.6%	13.6%
	11.1%	13.2%
	17.7%	14.8%
	15.6%	13.6%
	11.7%	10.0%
	6.6%	4.7%
	12.6%	12.2%

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