The housing market in the Mount Vernon, OH Metro Area is vibrant and strong. The median value of a house in this area is $225,500, which is lower than the US median of $338,100. However, the appreciation rate for houses in this area over the past year has been higher than the national average at 10.26%. This indicates that demand for housing in Mount Vernon has remained high despite minor changes to the economy. With its attractive prices and healthy appreciation rates, Mount Vernon's housing market is likely to remain strong into the future.
The median home cost in Mount Vernon Metro Area is $225,500. Home appreciation the last 10 years has been 102.9%. Home Appreciation in Mount Vernon Metro Area is up 19.8%.
Average Age of Homes
- The median age of Mount Vernon Metro Area real estate is 44 years old
The Rental Market in Mount Vernon Metro Area
- Renters make up 26.2% of the Mount Vernon Metro Area population
- 1.8% 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.