Property prices for sale in Mount Vernon (Illinois)

The prices in real estate in Mount Vernon, in the Illinois region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$136,128.83
Average price last 6 months
$79.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Mount Vernon has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $136. In the following month the price per sq.feet decreased considerably to $70. The price for the following two months in (September, October) had a considerable decrease of 67 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 77 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $86 to $66.5 during November, and December.

Average price

Based upon to the price in Mount Vernon (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $118,265. During August the price went through a considerable rise reaching $145,374. In the following two months the average price has remained the same with regard to the previous two months from $131,819.5 to $137,906.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $134,863 and $138,660.5 between November and December.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $136,712 they are 58 % more affordable than the average price for Mount Vernon. The properties with the highest average price have 1 bedroom, Their price is 119 % more costly than the average. After that we have properties with 4 bedrooms priced at $156,249.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $52 / sq.feet, with an average $66 / sq.feet price in Mount Vernon. The properties with the highest average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 3 bedrooms with a price at $69 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $136,712 it is 58 % cheaper than the average price in Mount Vernon. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $190,198 it is 45 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $42 / sq.feet followed by "House" priced at $76 / sq.feet. "Commercial" is the most costly type of property with a $539 / sq.feet cost followed by "Apartment" with an average price of $120 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Mount Vernon
Number of properties used in region Illinois
$136,712
$66
1,206
719,330
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value