The housing market in 52314 Mount Vernon, IA is moderate compared to the US median value. The median value of homes in the area is $286,000, significantly lower than the national median value of $338,100. This could be a great opportunity for people looking for more affordable housing options. However, the 1 year house appreciation rate in Mount Vernon has been only 4.75%, which is well below the average 8.27% appreciation rate seen across America.
The median home cost in Mount Vernon (zip 52314) is $286,000. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Mount Vernon (zip 52314) is up 11.4%.
Average Age of Homes
- The median age of Mount Vernon (zip 52314) real estate is 50 years old
The Rental Market in Mount Vernon (zip 52314)
- Renters make up 14.2% of the Mount Vernon (zip 52314) population
- 0.0% of houses and apartments in Mount Vernon (zip 52314), 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.