Home prices
The median home in Mount Vernon costs $116,400. This is roughly $37,760 (48%) higher compared to the surrounding areas.Compared to the entire country it is about $101,100 (46%) lower, and it is about $30,800 (20%) lower compared to the city of Mitchell.
Rents
The median rent in Mount Vernon is $680 a month. Compared to its nearby areas this is approximately $61 (9%) higher.It is roughly $382 (35%) lower in comparison to the rest of the country, and compared to the city of Mitchell it is roughly $76 (10%) lower.
Nearby places
Plankinton
Plankinton is roughly 9 miles west of Mount Vernon. The real estate prices there are a lot less expensive. The price of the median home in Plankinton is $85,800, which comes out to $30,600 (35%) lower than Mount Vernon. Its rents are pretty similar. Plankinton's median rent is $696 per month, which comes out to $16 (2%) higher than Mount Vernon.
Stickney
Stickney is roughly 10 miles southwest from Mount Vernon. Housing prices there are significantly less expensive. Stickney's median home value is $64,400, which works out to $52,000 (80%) lower than Mount Vernon. Rents there are a little less expensive. Stickney's median rent is $538 a month, which works out to $142 (26%) lower than Mount Vernon.
Letcher
Letcher is roughly 12 miles north of Mount Vernon. Housing prices there are a lot less expensive. The value of the median home in Letcher is $33,000, which comes out to $83,400 (252%) lower than Mount Vernon. Rents there are fairly similar. The median monthly rent in Letcher is $675, which is very similar to Mount Vernon.
Ethan
Ethan is roughly 15 miles southeast from Mount Vernon. Its real estate prices are a bit less expensive. The median home in Ethan is valued at $95,000, which works out to $21,400 (22%) lower than Mount Vernon. Rent there is pretty similar. The median rent in Ethan is $713 per month, which comes out to $33 (4%) higher than Mount Vernon.
Dimock
Dimock is roughly 19 miles southeast from Mount Vernon. The housing prices there are fairly similar. The median home in Dimock costs $115,000, which comes out to $1,400 (1%) lower than Mount Vernon. The rent there is a lot less expensive. The median monthly rent in Dimock is $475, which works out to $205 (43%) lower than Mount Vernon.