The housing in 43050 Mount Vernon, OH is significantly lower than the US median house value of $338,100. The median value of homes in the area is $195,200. Despite the lower median home values in the area, Mount Vernon has seen a significant increase in home appreciation over the last year with a 14.03% increase in value compared to the US average of 8.27%. This shows that the housing market in Mount Vernon is growing rapidly and could be a great investment opportunity for potential buyers.
The median home cost in Mount Vernon (zip 43050) is $195,200. Home appreciation the last 10 years has been 102.9%. Home Appreciation in Mount Vernon (zip 43050) is up 19.8%.
Average Age of Homes
- The median age of Mount Vernon (zip 43050) real estate is 53 years old
The Rental Market in Mount Vernon (zip 43050)
- Renters make up 34.3% of the Mount Vernon (zip 43050) population
- 3.2% of houses and apartments in Mount Vernon (zip 43050), 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.