Mount Vernon, IL is a great place to live with a median housing value of $96,500. This is much lower than the US median house value of $338,100. Over the past year, the appreciation rate for houses in Mount Vernon has been 18.28%, which is significantly higher than the national average of 8.27%. This means that homeowners in Mount Vernon can expect their property value to increase steadily over time. Investing in real estate in Mount Vernon is a smart decision and one that will surely yield good returns in the future.
The median home cost in Mount Vernon (zip 62864) is $96,500. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Mount Vernon (zip 62864) is up 11.3%.
Average Age of Homes
- The median age of Mount Vernon (zip 62864) real estate is 46 years old
The Rental Market in Mount Vernon (zip 62864)
- Renters make up 30.5% of the Mount Vernon (zip 62864) population
- 0.7% of houses and apartments in Mount Vernon (zip 62864), 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.